GBPAUD - PSYCHOLOGY: The Importance of being ADAPTIVE

PART I.
You name it, adaptive, reactive, flexible are all synonyms for the same thing. The IMPORTANCE of trading psychology is pivotal to a traders' success.

For example, in this chart, you can see I am looking for longs and shorts. The KEY thing is I don't have a bias. Having a bias can cloud a traders' vision. When the price arrives at one of my level's I simply look for a setup on the lower TF. Even if neither of these options gives me my ideal set up ok... MOVE ON.

I will reset.

The next trade is always around the corner.
Chart work.