Knowing the direction of a market move is important, but knowing when it is likely to begin matters just as much.
As traders, we need both: where the market is likely to go and when it is likely to move.
A student recently sent me a screenshot of four trades.
He sold NZDJPY twice. On Gold, he took a Sell and then a Buy.
The trades were profitable, and they show both sides of the market being anticipated at different points in time. That is what trading is really about: being able to identify both the direction of a move and when it is likely to happen.
He also mentioned moving his stop-loss and believed the trade could have made around $1,000. This is a useful reminder that having the right view is only part of the process. You still have to follow the plan built around that view.
This is what my Timing Market Moves course teaches: how to read the likely direction and timing before a move begins, then build the trade plan around that view.
On a separate note, pre-booking is currently open for my other course, On Time and Vibration. I release five copies a year, and only one copy is still available for this year.
The full details are available on the course page.
Read about On Time and Vibration
If you have any questions, you can reach me directly at [email protected]
