The questions by Daniel and Alexander, in session two at about 26 min or so and session three at about 34 min, on USDCHF were very interesting because of course the market was the same, only by session three a month had passed since the first query. On the surface it appears the presenter in session two made the wrong call as he said go long - based on his reading of the indicators at that time and all the other info he had available. And of course we saw in session three that actually the down trend continued... meaning a long earlier would have likley (see below for more) been stopped out. So I would say this was a very good learning opportunity...really amazing for me. The presenter is a recognized expert, with decades of experience and as we can see all the experience in the world and all the indicators flashing your way still do not guarantee a success. It has to be noted that in the second session he did say "I would have a very tight stop" hinting that he was not confident on the trade, and perhaps for the purposes of lesson continuity he decided to play it that way, so as not to confuse the audience. Also I note that in one of the sessions (three I think) he did say he is very biased to short term trading...and if you look at the daily USDCHF in both examples, there was a few ticks up in the chart after the fact, in session three view, looks like just past where he said he would look to go long. So to me it looks like maybe it did pop in the long direction, but not enough to hit his profit target and he would have been stopped out...this was the best learning of what were three fairly informative sessions, thanks for posting them.
The questions by Daniel and Alexander, in session two at about 26 min or so and session three at about 34 min, on USDCHF were very interesting because of course the market was the same, only by session three a month had passed since the first query. On the surface it appears the presenter in session two made the wrong call as he said go long - based on his reading of the indicators at that time and all the other info he had available. And of course we saw in session three that actually the down trend continued... meaning a long earlier would have likley (see below for more) been stopped out.
So I would say this was a very good learning opportunity...really amazing for me. The presenter is a recognized expert, with decades of experience and as we can see all the experience in the world and all the indicators flashing your way still do not guarantee a success. It has to be noted that in the second session he did say "I would have a very tight stop" hinting that he was not confident on the trade, and perhaps for the purposes of lesson continuity he decided to play it that way, so as not to confuse the audience. Also I note that in one of the sessions (three I think) he did say he is very biased to short term trading...and if you look at the daily USDCHF in both examples, there was a few ticks up in the chart after the fact, in session three view, looks like just past where he said he would look to go long. So to me it looks like maybe it did pop in the long direction, but not enough to hit his profit target and he would have been stopped out...this was the best learning of what were three fairly informative sessions, thanks for posting them.