You know
You also win exploiting traders’ mistakes

Take yesterday in AUDUSD
Long weekend in the US
And RBA rate decision on Tuesday

What impact does this have on participation?
So if it's down
What are the chances of a trend day?
That's right. A range day's likely

Error to exploit?
Traders who position themselves for trend continuation

Another error?
Amateurs jump in while pros are patient... traders who eagerly enter the market lose paving the way for professionals

A third error?

Amateur traders frequently make sub-optimum trades

Professional traders view sub-optimum trades as errors and capitalise on them

Today's trading incorporated:

• Taking the other side of extreme moves

• Waiting for amateurs to pave the way for trades

• Waiting for low-hanging fruit in the aftermath of sub-optimum trades

If you understand the best with real-time examples

Check out the live-trading extract




Related reading:

==> Pros are patient; amateurs jump in. How you add it to your playbook