Knowing where a market is likely to go is only half the job. The other half is knowing when that move is likely to start.
A student sent me a screenshot of four trades. Two were sells on NZDJPY. The other two were on Gold — a sell first, then a buy.
Gold is where it shows. He sold, then he bought, and he was in position ahead of each turn.
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 admitted that moving his stop-loss was a mistake, and that he missed the rest of the move. That is a useful reminder. Having the right view is only part of the process. You still have to follow the plan you 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]
