Glocker's Lab 🧪

And that's why you use a stop

So it's optimal, no, it's pertinent, at least to our general performance, that we adopt a probabilistic thinking

In as much as we've been equipped with tools to tell, more of often than not, where price will draw to–with a great deal of precision– we never will be able to tell which ones will pan out and which ones won't

I understand that ICT trading has made us quite sensitive to win streaks, but to be honest real growth in trading doesn't start till you accept the fact that you can't always know which trade will pan out positively

Wish I can educate on probabilistic thinking regarding setups.

Note: Note a real time chart. This was taken hours back This photo will show precisely the model, and how I used it to confirm EU shorts. Use it paired with the model tagged in this post to ameliorate your grasp of the concept of the WOSOK model

Refer back to this That's all I did here, should be clearer when you study Cable (GBPUSD) I used that price action to confirm EU based on my model

You must learn to incorporate these techniques

I shorted Fiber strongly because it's the weaker pair between Fiber and Cable as indicated by the relative strength analysis (RSA), SMT

EURUSD Short 11R Potential Worth the risk

Bullish on the Dollar from here on out

It pays to wait for a clear setup

Recall we're bearish this week on NJ Price made it into a daily timeframe bearish FVG The trade was framed from there.

NZDJPY +3R

Sometimes your biggest obstacle isn't a lack of skill. But that you have enough skill to succeed in five different directions at once. But every gift has a shadow. And the shadow of having skills in multi-directions is that it's easy to keep planting seeds without watering any one of them long enough to grow into a tree. What matters most, in this case, is choosing what directions NOT to pursue.

That would be all for now. I wish you all a profitable trading week

KIWI-YEN, 1D

KIWI-YEN, 1W

GOPHER, 1D