Debriefing Monday 27th June and Todays Journal
Quote Of the Day “You do not rise to the level of your goals. You fall to the level of your systems.”― James Clear, Trade Well And Prosper. BT
Debriefing Friday 24th June and Todays Journal
GAP RULES Again! Quote Of the Day Time is your friend, impulse is your enemy. Trade Well And Prosper. BT
Weeks Review into W/C 27th June 2022
Manufacturing PMIs UK and US GDP data to reveal economic trends The start of the new month brings fresh global manufacturing data in the form of the PMIs. The surveys will provide an important update on broader factory sector performance in June after the flash PMIs painted a downbeat picture for the major developed economies.…
Debriefing Thursday 23nd June and Todays Journal
GAP RULES! Quote Of the Day A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from his mistakes. These people typically have a working business plan for trading because they treat trading as…
Debriefing 22nd June and Todays Journal
Quote Of the Day Obstacles don’t have to stop you. If you run into a wall, don’t turn around and give up. Figure out how to climb it, go through it, or work around it. – Michael Jordan Trade Well And Prosper. BT
Debriefing Juneteenth Holiday 20.06.22 and Todays Journal
ON Update A very quiet session yesterday perhaps given the lack of overall direction into the OPEX close and the fact markets were officially closed. Initial positive Sunday open saw a test of the 3708 a failure to look above saw sellers reverse auction through the previous close and Friday’s VPOC 3675 before finding buyers…
Gaps and How to Trade Them
Gaps Two types of Gaps: IR : Inside range but a gap to the prior settlement. These gaps tends to be filled more often than OR. OR: Out of range these are more significant. “Gaps are important, and they announce that something has changed, or potential change.”– Jim Legend Dalton. An open gap out of range(above…
Weeks Review into W/C 20th June 2022
July flash PMIs, CPI, and Eurozone sentiment data in focus Flash PMIs will be released towards the end of the week for the US, UK, Eurozone, Japan and Australia. The surveys will offer a first look into worldwide economic conditions in June and will follow CPI data for the UK, Canada, Singapore, Japan and Malaysia.…
Weeks Review into W/C 13th June 2022
Week Ahead Highlights: FOMC, BoE, BoJ meetings, US and China May data Central bank meetings will be in focus in the coming week with the US Fed, the Bank of England and the Bank of Japan all due to update their monetary policy decisions in the coming week. In the data docket, US retail sales, industrial production and PPI data will…
How To Trade VWAP
VWAP, how and when to trade it Here is a preview of some material I have started putting together. I rushed to publish it because it’s such an important tool. I will come back to this vital tool and run through some good examples in real-time. Today was such a day 6th June 2022 around…