StewySongs

GBP/USD Short and NZD/USD Short

Short
StewySongs Updated   
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
GBP/USD Short

Minimum entry requirements:

• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.

NZD/USD Short

Minimum entry requirements:

• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Comment:
"At the micro level, the outcomes to individual edges are independent occurrences and random in relationship to one another.

At the macro level, the outcomes over a series of trades will produce consistent results."
Comment:
"Without the presence of an external structure forcing the typical trader to think otherwise, he is susceptible to any number of justifications, rationalizations, and the kind of distorted logic that will allow him to get into a trade believing that it can’t lose, which makes determining the risk in advance irrelevant."
Comment:
"Observing yourself objectively implies doing it without judgment or any harsh criticism as a consequence for what you are noticing about yourself.'
Comment:
"If and when you notice that you’re not focused on your objective or on the incremental steps to accomplish your objective, choose to redirect your thoughts, words, or actions in a way that is consistent with what you are trying to accomplish."
Comment:
"The variables you use to define your edge have to be absolutely precise.

The system has to be designed so that it does not require you to make any subjective decisions or

judgments about whether your edge is present."
Comment:
"Although it may feel as if you are fighting the market, or it is fighting you,

the reality is you are simply fighting the negative consequences of not fully accepting that the market owes you nothing;

and that you need to take advantage of the opportunities it presents by yourself, 100 percent and not one degree less."

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