Mind Over Matter

Good Evening Dynamic Traders!

A crucial, (but often overlooked) part of a Traders learning curve is the practice of reviewing analyses.

My personal progress would not have accelerated at such speed without this religious discipline; an art that I still persist with and indeed, share weekly with you.

The objective is certainly not to assess whether the analysis is "right" or "wrong", but rather to determine the presence of an instinctive "edge" given a set of variables.

Once the evaluation is complete, "now moment" traders calculate the risk and pull the trigger with no hesitation, and a carefree state of mind; ultimately trusting their judgment.

This evening I am reviewing last weeks analyses.

Benefits will only be gained if these are cross referenced with the associated historical blogs.

EUR GBP (BLOG 9 Jan)

Below is the daily chart. Price did indeed choose to deliberate for almost a week before resuming the mount to the tune of 400 pips.
Price is currently perched at a noteworthy fib region debating a probable run on the pound.


EURGBP daily chart Advanced Get

AUD USD (Blog 13 Jan)

Those of you who braved the displayed entry opportunity will have bagged a decent 251 pips and the "swingers" may still be holding on.

With the AA's beautifully aligned on the daily chart, the trend is paradoxically building up muscle to weaken further.
Careful entry analysis to be considered for those risking a ride.

CADJPY (Blog 14 Jan)

The "vigil" certainly paid off! The triple bottom bellowed loud and clearly yesterday, thundering down in a mighty swoop to the tune of 240 pips before traders' dread fought back producing a dragonfly doji.
A watch list entry for a convincing break either side of the support.

GBPJPY (Blog 16 Jan)

Below is the daily chart

The rapid retracement after pinching support responded by price collapsing an almighty 980 pips, bursting through the horizontal into baron land.

Dynamic traders will need to credit their sub-chart studies and on-screen compasses to determine a likely direction.


GBPJPY daily chart Advanced Get

An overwhelming level of confidence will be acquired if Dynamic traders comprehensively review time worthy analysis.
More often than not, your evaluation will surely have measured the trend with ease, leaving only the matter of the mind.

By making yourself available to the "opportunity flow" and subsequently seizing the trade, prime profits will be realised.

My next note will be on Monday.

Prepared Trading!

Saba Jackson