The post discusses the importance of US Nonfarm Payrolls data in trading, particularly focusing on the USDJPY pair. It highlights that sustained market moves are likely when key components of the report deviate harmoniously, without conflicts. The author notes recent minor deviations that still yielded profits and reflects on a past instance where conflicting data led to a chaotic market reaction. The trade plan suggests entering the market only if there’s a significant deviation from Nonfarm Payrolls, provided the unemployment rate doesn’t conflict, and to remain cautious of large deviations in average earnings.

The post discusses the importance of US Nonfarm Payrolls data in trading, particularly focusing on the USDJPY pair. It highlights that sustained market moves are likely when key components of the report deviate harmoniously, without conflicts. The author notes recent minor deviations that still yielded profits and reflects on a past instance where conflicting data led to a chaotic market reaction. The trade plan suggests entering the market only if there’s a significant deviation from Nonfarm Payrolls, provided the unemployment rate doesn’t conflict, and to remain cautious of large deviations in average earnings.

Ride the trend wave, surf the momentum, and reap the rewards... until you realize you're actually on a sinking ship, and the trend is the iceberg that's about to send you underwater.

Ride the trend wave, surf the momentum, and reap the rewards... until you realize you're actually on a sinking ship, and the trend is the iceberg that's about to send you underwater.

The author expresses skepticism about the reliability of "backtested" or "verified" trading results, noting that many equity curves from these analyses often reflect a few significant winning trades overshadowed by numerous losses. This pattern, while typical during the learning phase, raises concerns when presented by professionals claiming to teach effective strategies. The post hints at an upcoming series on money management, suggesting a focus on improving these outcomes.

The author expresses skepticism about the reliability of "backtested" or "verified" trading results, noting that many equity curves from these analyses often reflect a few significant winning trades overshadowed by numerous losses. This pattern, while typical during the learning phase, raises concerns when presented by professionals claiming to teach effective strategies. The post hints at an upcoming series on money management, suggesting a focus on improving these outcomes.

This post invites traders, especially beginners, to ask questions about Supply and Demand zones and price action. With over eight years of experience, including four years of profitable trading in indices, the author aims to clarify common misconceptions and share insights. They encourage open dialogue to help others understand and effectively use Supply and Demand as a strategy for achieving consistent returns.

This post invites traders, especially beginners, to ask questions about Supply and Demand zones and price action. With over eight years of experience, including four years of profitable trading in indices, the author aims to clarify common misconceptions and share insights. They encourage open dialogue to help others understand and effectively use Supply and Demand as a strategy for achieving consistent returns.

Welcome to Forex, where every loss is a lesson in humility, discipline, and the importance of stopping out. But let's be real, after a while, those lessons start to feel more like expensive hobbies.

Welcome to Forex, where every loss is a lesson in humility, discipline, and the importance of stopping out. But let's be real, after a while, those lessons start to feel more like expensive hobbies.

This post emphasizes that effective trading relies on a combination of personal research and the use of various tools, such as the zigzag indicator, trendlines, and support and resistance. The four essential pillars of trading are: 1) researching a solid strategy, including technical and risk management; 2) collecting data through backtesting; 3) demo testing the strategy; and 4) practicing psychological resilience during live trading. Ultimately, the author notes that successful trading is heavily influenced by psychology, accounting for a significant portion of the experience.

This post emphasizes that effective trading relies on a combination of personal research and the use of various tools, such as the zigzag indicator, trendlines, and support and resistance. The four essential pillars of trading are: 1) researching a solid strategy, including technical and risk management; 2) collecting data through backtesting; 3) demo testing the strategy; and 4) practicing psychological resilience during live trading. Ultimately, the author notes that successful trading is heavily influenced by psychology, accounting for a significant portion of the experience.

Risk management: The delicate dance between caution and profit, where one misstep turns your carefully crafted strategy into a catastrophic nightmare.

Risk management: The delicate dance between caution and profit, where one misstep turns your carefully crafted strategy into a catastrophic nightmare.

This is a great reminder of the importance of identifying key levels in trading. Using multiple tools to validate these levels can enhance decision-making. Backtesting and consistent practice are essential for finding what works best for each trader. Patience and perseverance will ultimately lead to success!

This is a great reminder of the importance of identifying key levels in trading. Using multiple tools to validate these levels can enhance decision-making. Backtesting and consistent practice are essential for finding what works best for each trader. Patience and perseverance will ultimately lead to success!

Market conditions and volatility greatly influence the effectiveness of stop loss orders. Key considerations include: 1. Volatility Adjustments: In volatile markets, traders may need to reposition stop losses to avoid premature triggers. 2. Slippage Risks: High volatility or low liquidity can lead to slippage, where execution prices differ from intended stop loss levels. 3. Whipsaw Movements: Erratic price fluctuations may trigger stop losses before the market reverses, necessitating adjustments to stop loss levels. 4. Execution Challenges: Delays in order execution and market depth can affect the ability to exit trades at desired prices. 5. Continuous Monitoring: Traders should adapt stop loss placements based on current market conditions, using tools like average true range (ATR) and technical indicators to enhance risk management. In summary, effective risk management requires traders to account for market dynamics and continuously adjust their strategies.

Market conditions and volatility greatly influence the effectiveness of stop loss orders. Key considerations include: 1. Volatility Adjustments: In volatile markets, traders may need to reposition stop losses to avoid premature triggers. 2. Slippage Risks: High volatility or low liquidity can lead to slippage, where execution prices differ from intended stop loss levels. 3. Whipsaw Movements: Erratic price fluctuations may trigger stop losses before the market reverses, necessitating adjustments to stop loss levels. 4. Execution Challenges: Delays in order execution and market depth can affect the ability to exit trades at desired prices. 5. Continuous Monitoring: Traders should adapt stop loss placements based on current market conditions, using tools like average true range (ATR) and technical indicators to enhance risk management. In summary, effective risk management requires traders to account for market dynamics and continuously adjust their strategies.

When discipline says 'stick to the plan', but chaos says 'SELL EVERYTHING!'

When discipline says 'stick to the plan', but chaos says 'SELL EVERYTHING!'

In this comment, I emphasize that Michael Huddleston does not intend for traders to use all of his indicators simultaneously. Instead, he provides a selection of tools for experimentation. Successful trading can be achieved using fundamental concepts like market structure, high-timeframe bias, and order blocks. While some traders may use indicators, many find it more effective to manually analyze their charts. Validating order blocks requires understanding their context, which is often difficult to encapsulate in an indicator. Overall, the focus should be on developing a deep understanding of key concepts rather than relying on an extensive toolset.

In this comment, I emphasize that Michael Huddleston does not intend for traders to use all of his indicators simultaneously. Instead, he provides a selection of tools for experimentation. Successful trading can be achieved using fundamental concepts like market structure, high-timeframe bias, and order blocks. While some traders may use indicators, many find it more effective to manually analyze their charts. Validating order blocks requires understanding their context, which is often difficult to encapsulate in an indicator. Overall, the focus should be on developing a deep understanding of key concepts rather than relying on an extensive toolset.

Fibonacci mastery unlocked! Too bad it doesn't come with a 'Guaranteed Profits' certificate. Now, where's that 'Undo' button for my trades?

Fibonacci mastery unlocked! Too bad it doesn't come with a 'Guaranteed Profits' certificate. Now, where's that 'Undo' button for my trades?

In this post, I’m sharing a compiled list of indicators and templates from ICT’s tutorials, which I’ve gathered during my exploration of his material. The list includes various tools such as the Central Bank Dealers Range, Daily Pivots, and multiple Kill Zones, among others. While I previously received some additional suggestions, the collection remains incomplete. I encourage others to contribute their findings to create a comprehensive resource for everyone in the trading community.

In this post, I’m sharing a compiled list of indicators and templates from ICT’s tutorials, which I’ve gathered during my exploration of his material. The list includes various tools such as the Central Bank Dealers Range, Daily Pivots, and multiple Kill Zones, among others. While I previously received some additional suggestions, the collection remains incomplete. I encourage others to contribute their findings to create a comprehensive resource for everyone in the trading community.

Where every loss is a 'learning experience' and every win is a 'genius move'. Too bad your broker doesn't accept 'I told you so' as payment. Maybe it's time to start a hindsight trading journal?

Where every loss is a 'learning experience' and every win is a 'genius move'. Too bad your broker doesn't accept 'I told you so' as payment. Maybe it's time to start a hindsight trading journal?

Quick wins, quicker losses, and an endless supply of stress.

Quick wins, quicker losses, and an endless supply of stress.

Where patience meets baldness. Because who needs hair when you can have a recovering account balance... right?

Where patience meets baldness. Because who needs hair when you can have a recovering account balance... right?

Martingale strategy: Where one wrong move turns 'double your profits' into 'double your losses'

Martingale strategy: Where one wrong move turns 'double your profits' into 'double your losses'

Forex Trading: Where experience is the best teacher, but also the most expensive. Good news: You'll learn to trade. Bad news: You'll also learn to cry. Silver lining: You'll become a master of emotional control (or not).

Forex Trading: Where experience is the best teacher, but also the most expensive. Good news: You'll learn to trade. Bad news: You'll also learn to cry. Silver lining: You'll become a master of emotional control (or not).

Crypto has made me a time traveler; my investments are just 5 years into the future... hopefully."

Crypto has made me a time traveler; my investments are just 5 years into the future... hopefully."

Crypto pro tip: if you didn’t panic at last night’s dip, check your wallet again."

Crypto pro tip: if you didn’t panic at last night’s dip, check your wallet again."