After quite a few emails, I have finally put together another supply and demand trading video. Can there be a more pure form of trading than looking at price alone? Considering indicators lag price (they have to in order to calculate), you will be one step behind. Volume however, if looked at the right way, [...] Read more »
Sometimes you get it wrong
I always say, well not always, that to admit your mistakes cuts down on you making them again. That is the purpose of this post and video. No matter how long you have been trading, there will be times that you do something and only later realize you had a brain cramp. Believe me, it [...] Read more »
How would you feel
I am writing this on thursday night at 8:50 p.m. est. By now, you have all seen the absolute carnage in the markets today courtesy of the JPY. In a previous post, I had written about missing a trade. I spoke about how there is always another train. If you have read it, I hope [...] Read more »
More supply and demand trading
I have had many many emails about trading pure price action. Pure supply and demand trading. I have to say that given the proper levels, the risk is low, the reward is high and the probability of the trade working out is high. Those are some great factors! This video is going to cover this [...] Read more »
Another EURUSD Train
Last week was a pretty muted week for the EURUSD currency pair that I like to day trade. Muted, except for the day I did not trade. Using the full power of the SST, you managed to pull out 100 pips (http://www.atradingplan.com/sstblog) on the Friday which, if trading one standard lot, banked you $1000.00 minus [...] Read more »
Post game wrap up
I just wanted to update the trades that were posted here on Feb 25, the post below. The AUDJPY was stopped out at 83.53 for an extra 48 pips on the trade which brings the total pip count on that short to 150 on partial +48 on partial for gross 198 pips. Was it a [...] Read more »
Daytrade and swingtrade success
Today was a pretty quick day trading day as my top pair to trade with the SST, the EU found some serious weakness off the highs and set up a nice short trade for a pain free 21 pips. SCREEN CAPTURE The all forex edition of the SST is now on the market. No need [...] Read more »
Trading price points
Many traders have become so fixated on indicators that they fail to realize that you can actually trade price. Price leads indicators. One problem with indicators is that by the time it registers a trade for you, the trade is usually well under way. Trading pure price is almost a sure way to get in [...] Read more »
Supply and demand forex trading
Supply and demand. Places on a chart where you can anticipate price to do something that you may take advantage of. That said, it is really important to know, for you, just what constitutes a supply or demand level you will trade from. This video is a short term EU long play. Zero heat in [...] Read more »
EURUSD final pips
I thought I would be done posting for the year but this trade was just too good not to post. It truly highlights how trading supply and demand levels can be a huge bonus. First off, the daily chart had a really strong rally giving me a level where it showed buyers outweighed the sellers [...] Read more »