One of the markets that I trade regularly is the DOW, I trade the open and anything just after that for the next 30 minutes or so. I find it a great market to trade on most days.
Today I decided to record my opening trade so that traders get more incites into the method that I use. The strategy involves a handful of rules that prohibit me from taking trades in certain circumstances and give me a definite entry when conditions are right. I stick to my rules and so should you.
When markets open the adrenaline is rushing in our body and we want to trade, we look at the candles and we see opportunities that we potentially missed however if a system that we are trading says ‘no’ then in fact there is no opportunity and nothing is lost.
I regularly miss trades that I could have taken and I have learned that this is ok as long as the chances I do take stack up properly. This is why I am profitable as a trader.
Watch as I take my first trade of the open. I announce my intention prior to taking action, I wait for the signals to develop and I pounce. In and out in less than a minute.
I do hope that you find this useful to watch.
Link do Vídeo
Please keep doing the live trading videos Anthony. Watching the candles form in real time is so much more educational than looking back through a historical chart.
Excellent video on seeing context, having patience & executing with careful timing. Thank you Anthony.
Really appreciate the live trading videos Anthony. It helps to see the gold system live and to recognize the patience involved. Thanks for all you do and for providing us such a great 'value' of education.
Nice video 😃I´m using EMA´s that are substantially higher than yours, because another trader recommended that to me. What is your reason for having quite low EMA´s? That you are trading on 1 MIN charts?
Love your strategy! Patience didn't come easily but following your rules and training my brain I'm getting there. Really looking forward to seeing more of these👍😁
Nice trade, Anthony. 12:08. Yep, 'Fork 'andles' did the trick :)…
Yes please to more of these!
How long did it take you to reach 50 point contract size?
Patience! The elusive piece in my trading jigsaw. Thanks for the tips Anthony.