One of the ways I de...từ Just One Good Trade

One of the ways I determine the narrative for Swing (MN), Intraweek (W1), and Day (D1) trading. The core rule: a test of the level of interest followed by a Rejection. It is the price action within this range that gives me an understanding of the true intent of buyers or sellers. Once the reaction is confirmed, I use additional Price Action (PA) elements for detailed trade planning. What factors do you focus on when building your narrative?

Tuyên bố miễn trừ trách nhiệm: Quan điểm được trình bày hoàn toàn là của tác giả và không đại diện cho quan điểm chính thức của Followme. Followme không chịu trách nhiệm về tính chính xác, đầy đủ hoặc độ tin cậy của thông tin được cung cấp và không chịu trách nhiệm cho bất kỳ hành động nào được thực hiện dựa trên nội dung, trừ khi được nêu rõ bằng văn bản.

EUR/USD Long ⬆️ For the Euro, I expect the upward movement to continue to at least 1.16688. We could move there from current levels or after a DXY correction to the 99.800 – 100 range. Don't rush, and manage your risks. All the best #EUR/USD##USDX##ForexForecast#

Just One Good Trade

Mark Douglas is one of the key figures in trading psychology and the author of cult-classic books. He was the first to clearly articulate that market success depends less on strategy and more on the trader's mindset. His main thesis is simple yet radical: the market is neutral, it owes you nothing. Fear, greed, hope, and the desire to be "right" are what truly stand in the way of consistent profits. He taught how to embrace uncertainty, think in terms of probabilities, and strictly follow a plan. According to Douglas, a trader doesn't guess the market they systematically execute rules and manage risk while maintaining emotional equilibrium. Mark Douglas's legacy remains relevant today: until a trader gets their head right, no strategy will yield consistent results.

Just One Good Trade

First trade of the year. I held the position for 10 days, but the first pancake is a flop. Still, I'm looking for longs on EUR, so I entered at the next level: 1.16151. If the level holds, I’ll add a second position with the trend and move the first one to break-even.

Just One Good Trade