www.trading-strategies.info Hi Folks, Taking a look back at the days trading and comparing what was expected and planned for to what actually happen… pretty dull day couple of break outs couple of Fib set ups… several hundred pips in the bank across AUDUSD GBPUSD CADJPY USCHF GBPJPY EURJPY EURUSD AUDJPY Hope you all had an equally boring day
www.trading-strategies.info Today’s video probably fall more under the trading tips section more than anything as the main thing I highlight is the types of things that I try to do prior to a new days trading session. Ultimately what I’m trying to do is think about “what could happen next” and try to come up with scenario’s relative to my trading plan and the things that I look for leading into a new trading set up. At all times I’m trying to answer 3 basis question; Where is price now? What …
www.trading-strategies.info Today’s video shows the scenarios that I’m anticipating for Mondays trading prior to the session. Thinking about several scenario’s that could develop so that I’m prepared to take action. Updating those scenario’s Monday morning will aid me to see which of those scenarios is most likely to refine my days trading plan Buy the dips and breaks of resistance in an up trend Sell the rallies and breads of support in a down trend Have fun trading Phil