In this week’s market analysis, I share with you why the outcome of your trade is basically random.
Then I walk you through my thought process on a few trades I’m currently in, and the emotional highs and lows a trader will experience.
Do You Know The Outcome of Your Trade When it is Random?
I hope you have enjoyed this week’s market analysis. As always, comments are welcomed and encouraged. Cheers!
Hi Rayner,
Good video, I have missed the breakout trade on USD/JPY but I can see that price creating pull back opportunity to go long.
My USOIL trade closed and I am happy that you mentioned to stay out for now, I can see that why you mentioned it.
NZD/USD trades closed with around 3R but I can make more than that if I managed my Trailing stop accordingly. Now I know how to managed the trailing stop and scale in, hope next trade I will follow the plan without any fear,gread and hesitation.
Thanks for the video.
Hi Kam,
You’re making good progress!
Yes Usd/jpy right has pulled back quite a bit.. and it’s still unclear whether it will break higher or lower.
Thanks for stopping by, let me know if there’s anything else i can help with 🙂
Rayner