Category Archives: Reversals Strategy
Sharing a setup (including screenshot) I came across in the last 20 minutes on the daily timeframe on GBPCAD. Part of the journey in automating a large chunk of my trading activities.
Live Trading, running an algo, reconciling the two, more coding, building a market context model. Long hours. All that was part of my week. Read further for a detailed discussion of these.
We are mid-way through the trading week. Thus far I have opened and closed ten separate trades. Each trade has been documented and reviewed. Did I make any mistakes in these trades? What lessons can I take from them? Throwing … Continue reading
Sometimes you need luck to go your way a bit. Two of my positions post-NFP benefited significantly thanks to unscheduled comments from ECB’s Draghi. That said, it feels like my chart analysis and processes continue to improve week by week. … Continue reading
A quick & effective approach for improving performance is to reduce the number of errors. Consequently, here are four trades from last week in which I made two types of mistakes. Each trade is illustrated with screenshots for each trade, from … Continue reading
In last week’s review post, I shared a graph that showed the cumulative performance (in units of risk) by entry time. Looking at the graph it becomes immediately obvious that the afternoon trading has been more profitable than the morning … Continue reading