Trading within 20pts of a KL makes very little sense. Yes there is a possibility that it will reverse without reaching the level but the odds are against it – and the odds are all I should be interested in as a trader – focus on the odds of a setup working instead of being right or outsmarting the market.

Trading the intermediately levels cost me dear today – I only had to wait 25mins for the perfect trade but by 9:17 I was down 4R

Bored

Quite frankly, I was bored and agitated. To relieve boredom I do two things while waiting for trades to set up:

  • use Heartmath or Neurotrader to monitor my state
  • listen to Rupert Spira or Hale Dwoskin
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