Do you know under which market conditions / environment / regime your strategy performs at its best and at its worst? Knowing this can be of great benefit to traders.
See daily chart of USDJPY below for the discussion that follows.
See daily chart of EURUSD below for the discussion that follows.
See daily chart of GBPCAD below for the discussion that follows.
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When there is Doubt…
When in doubt, stay out!… If you’ve been trading for a while, you probably have heard that saying. It took me a long time to realise that when I have doubts before entering a trade it is much better to rather not enter it.
See daily chart of GBPCAD below for the discussion that follows.
See daily chart of EURNZD below for the discussion that follows.
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On Trading Mistakes
We’re all bound to make mistakes as traders. And making them is okay as long as we learn from it and try our best not to repeat them. Repeating trading mistakes often mean that you’re careless or that you’re not serious about your trading.
See daily chart of EURJPY below for the discussion that follows.
See daily chart of NZDJPY below for the discussion that follows.