Two Blokes Trading - Learn To Trade Online

Trend Is Your Friend

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Sinopsis

In this podcast Jonathan & Adam scan the markets, with the current theme being the trend is your friend!This morning the markets were thin after thanksgiving on Friday, but we did see a slight pickup as the day went on. Markets are currently directional which is great for traders, the DXY remains bearish & stocks are soaring with market sentiment firmly risk on, as we approach the Christmas period.Jonathan discusses how over the early years of his trading journey he let his bias dictate his decision making, regardless of the trend & even went through a period of counter trend trading. In recent years he has found his success rate increase when he aligns his bias with the trend. This lessens the amount of trading opportunities but has substantially increased the success rate of his trades.Adam goes on to discuss how he feels there maybe a short term market shift about to happen as he believes the markets are currently overextended & we may see some cooling off, this might be the time to reasses