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MrZ
2.3K posts

MrZ
@_MrZ_007
Father & Husband. On my way to own my Time back. 📈
Italy Katılım Ekim 2021
165 Takip Edilen282 Takipçiler

@TraderFortune @GetMeTradingGMT It actually turned out to be a Saturday Sunday Reversal play , it moved already 0.30% from the entry (@ 3,5 Leverage ~ 1% move already)
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@_MrZ_007 @GetMeTradingGMT Yes agree, CAD data was poor so difficult to step in front of that this afternoon
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@investingLive_ It was not BoJ, somebody tricked the whole market making ppl believe it was another intervention today, expecting big down move like y'day, while buy y'day low heavily and catching everyone who chase the short on USDJPY. Very well played by whoever did it
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USD/JPY wipes out a chunk of the likely intervention play earlier, so what's next?
investinglive.com/forex/usdjpy-w…
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@TraderFortune Very nice day today with all those extended plays that came through , now we wait and possibly see if we can have a second round tomorrow if they reclaim today's high
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@TraderFortune I don't know John but today the dashboard i have built for myself is on fire, Daily ADR levels extremes across the board

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MrZ retweetledi

Logic is the same. Price settling above the 200-day average and consolidating in a tight range is usually restoring energy to resume an uptrend.
Don't anticipate. Prepare for action. $DXY

Aksel Kibar, CMT@TechCharts
#CRUDEOIL is possibly ready for a breakout. This short-term consolidation above the year-long average and neckline is a possible bullish pennant.
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MrZ retweetledi

Markets are not stupid. Price knows it.
You have an advantage if you are able to read it objectively.
Bias gets in the way. We are all exposed to bias. Pushing ourselves to be as neutral as possible is key. #CRUDEOIL

Aksel Kibar, CMT@TechCharts
#CRUDEOIL Before the war price was below $65. We are at 101.40. Somebody is lying. Or markets are really stupid. I think it is the former.
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MrZ retweetledi

Process, Process, Process
There is a point in every trade where you cede control to the market. You have no influence over the outcome, the direction, or the volatility. You must abandon all control.
Psychologically, this is an existential threat. We are evolutionarily wired to equate control with safety; abandoning it feels like facing a predator unarmed. This triggers the Amygdala, forcing the brain into Fight, Flight, or Freeze.
The problem? Your trade doesn't need your survival instincts. It needs you to stay the course until a pre-defined exit rule is met (Profit or Loss). Whether that’s a hard stop/take profit or waiting for a mean reversion to play out, your biology is screaming at you to "do something" to regain safety.
This is why the greats obsess over Process.
Process isn't just a set of rules; it is the psychological circuit-breaker that separates your execution from your primal fear response. If you don’t know your process, or you don’t trust it, your biology will eventually override your strategy.
Master the process, or be a slave to the impulse.
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@TraderFortune John, It would be very helpful if tomorrow in your Weekly video you could guide us through exactly the thinking process that led you to chose the theme (CHF longs vs NZD/EUR) and show US how to find high probabilities entries like today. What a banger today ...
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🙏
MrZ@_MrZ_007
@GetMeTradingGMT Meanwhile, 10 days into GMT group, and assisting how it looks like to trade with a professional mind is (not chasing, waiting, planning and acting accordingly if things changes), already gave me such a "clarity" on how wrong I was taking this profession. Thank you @TraderFortune
ART

@GetMeTradingGMT Meanwhile, 10 days into GMT group, and assisting how it looks like to trade with a professional mind is (not chasing, waiting, planning and acting accordingly if things changes), already gave me such a "clarity" on how wrong I was taking this profession. Thank you @TraderFortune
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@TraderFortune 3 days straight of no water nor food? is tough man! I'm used to fasting during the period of Ramadan, and my goal is to do it 1 or 2 days a week but is only from Dawn to Sunset!
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@waltervannelli Portare a casa direi che non fa mai male e domani ECB chissà cosa salta fuori! 💪
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MrZ retweetledi

This is going to sound crazy to all the new traders who got into the game to make money: "Trading in the early years isn’t about making money."
You see, you aren’t good enough to make money in the early years—unless you think trading is just about luck and that you have some God-given right to be the luckiest person in the room.
You don’t play a few games of tennis at the local courts with friends and then think, “Okay, I’m ready—how do I sign up for the next Grand Slam?”
But some of you are going to say, “Dude, WTF are you talking about? I’ve been buying and holding and making money for two years now.”
Right there is the little trick the market plays: it allows you to think you’re good enough. It rewards you; it makes you feel good. It does the old casino trick of laying out the red carpet each time you turn up at the door—and we all know how that ends for everyone except the house.
You’re not stupid if that’s you—we’ve all been there; it’s human nature. Some of us actually got lucky by failing catastrophically in the early days. That is the sort of luck you actually want. Me? I started trading in mid-1987; my lesson arrived a short three to four months later.
Being “good enough” at anything requires practice. Trading is no different.
So, let’s rephrase my original comment: “Trading in the early years isn’t about making money; it’s about practicing.”
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7 Interest Rate Decisions Next Week - Prepare Now
Forex Pairs & Markets Covered: $Wti, $Dxy, $EurUsd, $GbpUsd, $UsdJpy, $UsdCad, $UsdChf, $AudUsd, $NzdUsd, $EurAud, $EurCad, $AudNzd, $NzdCad, $BtcUsd, $EthUsd, $XauUsd, $XagUsd & more!
youtu.be/SIN4xsGS8ww?si…

YouTube
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@GetMeTradingGMT Thank you for the explanation in the morning Video @TraderFortune , appreciate it!
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@GetMeTradingGMT @TraderFortune I think I get it, maybe it is the half of the distance between Upper and Lower Daily Level?
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@_MrZ_007 @TraderFortune Welcome aboard!
We will cover this for you in tomorrow's daily market brief 👍
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