EUR/GBP Long, AUD/NZD Short and GBP/CHF Long

Apr 15

EUR/GBP Long

Minimum entry requirements:

• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.

AUD/NZD Short

Minimum entry requirements:

• Tap into area of value.

• 1H impulse down below area of interest.

• If 2 touch 5 min continuation, reduced risk entry on the break of it.

• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.

GBP/CHF Long

Minimum entry requirements:

• 1H impulse up above area of interest.

• If 2 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it.

Apr 15

Comment

"The only difference between those who excel and those of mediocre achievement is that one group has learned a thinking methodology that has not occurred to the other."

Apr 15

Comment

"The markets tease a trader with the very real possibility of fulfilling his grandest dreams of financial independence and

at the same time stand ready and willing to take away everything he owns—and more."

Apr 16

Comment

"Having the skills necessary to consciously manipulate one's psychological environment is essential for the trader who recognizes how ineffectual a trading system can suddenly become whenever a tense situation demands a split-second decision."

Apr 16

Comment

"The only difference between those who excel and those of mediocre achievement is that one group has learned a thinking methodology that has not occurred to the other."

Apr 16

Comment

"The intensity of your emotional discomfort and pain you experience as a trader is an excellent indication of how much you will have to change to trade without fear and be consistently successful."

Apr 17

Comment

"Even though we all participate collectively, the market is not the same for all of us.

Every move the market makes has a different meaning and impact on each of us as individuals."

Apr 17

Comment

"As a trader you constantly have to define what is high and what is low relative to your beliefs about the future."

Apr 17

Comment

"Even if you are not aware of exactly how to control and change your perception to make other choices available to yourself,

you are still choosing, even if it is out of ignorance."

Apr 18

Comment

"There are many market gurus who can predict market moves with uncanny accuracy but can't make money as a trader.

Either they don't know the nature of beliefs and how they affect and determine behavior, or they don't want to confront the issues surrounding these beliefs."

Apr 18

Comment

"Academic credentials, degrees, reputations, even a high I.Q. don't make you right in this environment as they would in society."

Apr 18

Comment

"Movement creates opportunity to make money, and making money is what trading is all about.

This is also true for the hedger trading to protect the value of his assets."

Apr 19

Comment

'Considering the unlimited potential for profit, entering the market will be much easier for most traders than will be getting out. This is because exiting the trade will require that you confront your beliefs about greed, loss, and failure in relationship to the constant temptation of the possibility for unlimited profits."

Apr 19

Comment

"Among many other factors, to become a consistently successful trader your objective has to be to learn how to let the market tell you what it may do next and how much is enough."

Apr 19

Comment

"The market can't take anything away from you that you don't allow;

if you lost money or lost more than you intended to risk, you gave your money to other traders.

Ultimately, however, revenge creates an adversary relationship with yourself."

Apr 20

Comment

"Combine the larger-than-normal impact of a move against your position with a resolute belief that the market will do exactly as you expect and you have a situation in which one tic in the opposition direction of your trade can cause you to go into a state of “mind-freeze” and become immobilized."