wait previous pattern side close

wait previous pattern side close

student message


​Hi Long,

I really did not trade much today, and the trades that I did take were losses. I am still licking my wounds from the beating I took this week. The markets were very choppy today. I am only trading the EURJPY now. I am still risking a full 2%. I will start trading the Las Vegas Money method next week. I will also look into the $3k into 50 million trading method next week as well.

Have a great day.

Your student.


before news release often choppy market

On those occasions if  you trade increse spread cost

price start to move 1 hour before news release

especially non farm payrolls

so i recommend wait previous candlestick pattern out side close

video here