So now i've come to the point that i have some videos explaining things over at youtube. Not only the day to day trading activity anymore but now there are actually videos that you as an aspiring trader can watch, think and later maybe also learn something about i believe things work when it comes to trading.
The first video in this series discusses the easy to spot pinbar. The reason i did it this way is i feel that the formation is just that; easy to spot. That is where i chose to begin and from there the discussion can then start to develop.
step one, the pinbar!
Step two, many other formations & levels!
The next video in the series i felt needed to talk about some more formations, how to use them and also talk about the importance of understanding levels. Video number two talks about the double bar formations; Engulfing bar, harami, dark cloud cover & piercing pattern. How they are variations of each other and interpreting their signs haves them represent each other like antagonists almost.
Step three, placement of the stoploss!
With the third video i felt that it was important to discuss the placement of stops, how i like to do it. Learning how a price action formation looks is one thing but placing stops and knowing how and when to lock a trade in is something else. It is very much needed to understand when to do this. I will also say that i see several people sell signals on the net, while that may be a good thing, knowing how and when to lock a trade and step one step away is though in my opinion a very much needed thing.
.. And then there was results!
Below here you can see the fruits of this labor. Trading is something that i believe is best done slowly, it takes time and it is very important that it is done correctly. However if done in that fashion then the results can be quite remarkable..