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[Oluti]

The Survival of the fittest” is a phrase that originated from an evolutionary theory as way of describing the mechanism of natural selection (wikipedia).

But it can also be applied to other contexts, “fit” refers to “best adapted to the current environment”.

I believe that it can also be applies to the markets.

A trader that gets positive results is a trader that adapts to the current market condition. There is just no other way to get consistent results.

The market is always changing, each currency pairs is always changing, today any instrument might behave differently from how it behaved yesterday and different to the way it will behave tomorrow.

So its always about trying to adapt to the way the market is trading right now, it doesn’t matter how it traded yesterday… its all about today.

Here is a good example.

EURUSD Analysis
Let me show you this chart:


When you look at it, its quite simple to determine what the market is currently doing, and what it is likely to do.

The upper resistance level (1.1429) wasn’t that easy to draw, because the market has been rejected only once from there.

What tells you that the upper rejection wasn’t a random rejection?

In order to answer that question you need to understand what happened in the short term charts once the market gets close to an important level…

If you have been following my articles, you already know the answer… Most of the times, when the market gets close to an important long term level, it will range on the short term charts.

That means that, if you switch over to the short term charts when the market gets close to an important LT level, most of the time you’ll see a short term range…

And this is how the EURUSD behaved in the short term charts, while it was close to that long term level:


Its clear that the EURUSD traded around an importan level, that’s the reason it traded in a range.

It was risky to take a trade it right away after the EURUSD broke though the bottom of the range. Its always better to wait a little longer…

And now, that the market has already moved in that direction, it would be safer to look for your trade.

EURUSD Short Signal
Here is where I took my trade yesterday (called at the trading & analysis session of the Intensive Course).

As you already know, when the market is trading in a clear condition, the only thing we should do is to look for an excuse to either go long or short.

In this case, since the EURUSD is trading in a bearish condition, we are looking for excuses to go short.

And here is where we found our signal:


The signal was triggered on the breakout of the short term range, here are the details of my order:

Entry: 1.0943
SL: 1.0978
TP: 1.0557

We always risk 1% of our accounts on each trade, since the risk reward ratio in this trade is 10:1, the profit potential form this trade is 10% Not bad ha?

Do you think the risk was well worth it?

I think it was…

And the same happened with other pairs, such as the GBPUSD and AUDUSD, we had to adapt to the market conditions so we can trade based on what the market is currently doing.

Your turn
Do you adapt to the market conditions?

Are you currently trading the EURUSD? What’s your take?

What other currency pairs are you trading/monitoring

 

[lioralace]

“Survival of the fittest.” Yeah, yeah, Darwin gets all the credit, but honestly, that whole catchphrase isn’t just for biology geeks or animal documentaries. You can toss it straight into the wild world of trading, too. “Fit” doesn’t mean, like, gym rat ripped—it’s all about rolling with whatever insanity the market decides to throw at you that day.

Let’s be real: if you’re not morphing your strategy to match what’s happening right now, you’re gonna get left behind faster than dial-up internet. Markets change their moods more often than I change my socks. Today’s EURUSD is tomorrow’s mystery meat.

So forget about what happened yesterday. Markets have the memory of a goldfish on Red Bull. Yesterday? Old news. Today? That’s where the action is. All you can (and should) do is roll with the punches in the here and now.

Okay—let’s get a bit more specific. Check out this EURUSD chart I’ve got:

Looks simple, right? But, eh, drawing that upper resistance line at 1.1429 was way trickier than it looks. The market only rejected that level once, so it’s not like it’s written in stone.

Why wasn’t that upper rejection just, I dunno, a total fluke? Here’s the trick: Watch what happens on the short-term charts whenever price gets close to a big, juicy long-term level. If you’ve read any of my stuff before, you already know—markets love to hang out and get comfy in a range right at those levels. Switch to the short-term view, and boom, there’s your range. Like clockwork.

That’s exactly what EURUSD did—just sort of hung around, doing its thing near that big number. That’s not bad luck, that’s just what happens. But—pro tip—don’t go diving in after it breaks out of the range right away. That’s just asking for the market to fake you out, take your lunch money, and laugh about it later. Better to chill, wait for the move to really get going, and then jump in.

So here’s what I did: Yesterday, during the trading session, I called a short sign on EURUSD—right when the action started heating up. If the market’s waving a giant “down” sign in your face, don’t overthink it—just look for reasons to go short.

Here was my setup, plain and simple:

• Entry: 1.0943
• Stop loss: 1.0978
• Take profit: 1.0557

Always risking 1% of the account, because I like sleeping at night. This time, the r:r was ridiculous. 10:1! That’s a home run—not bad at all, right?

Would you have taken it? I mean, was it worth the stink of risk? Me, I think so.

Oh, and by the way, GBPUSD and AUDUSD pulled the same kinds of tricks, so heck yeah, we had to flip our strategies for those too. It’s all about seeing what the market’s saying now, not what you wish it was doing.

Alright, your turn. Do you actually change things up depending on market mood swings, or are you still banging your head against the wall with the same approach? Trading EURUSD? Got a hot take? And what other pairs are you stalking these days? Drop your thoughts—let’s see how Darwinian you really are.

 

[kerryjoy]

I wholeheartedly concur with the notion that trading is a perfect example of survival of the fittest. The market is too dynamic to stick to a set strategy over the long term, as I discovered the hard way. I personally make an effort to maintain my flexibility and read what the market is actually doing rather than what I wish it would do. That range around the resistance level made perfect sense to me, as I was also keeping an eye on the EURUSD. For me, it all comes down to timing and confirmation, which is why I also waited until after the breakout. At the moment, I'm also monitoring the GBPUSD and AUDUSD, modifying my bias as circumstances change. For me, adapting is essential to survival, not a choice.

 

[Professional Writer]

Gaining a 10 percent profit at the end of the day could be crucial. However, this profit rate would be truly profitable only if this profit rate is consistent in the first place. The biggest problem with online trading is the fact that online trading is extremely risky. This means that a profit rate or winning rate could not remain consistent no matter whatever you do. Regardless if that, I think that it is still possible to make money by trading online. You must focus on creating the nearperfect strategy.