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In this week’s video I examine the way in which traders can better understand the psychology behind the “machine” and systems trading versus discretionary trading, the correlations behind risk from the Asian session to the U.S., and how that affects the JPY as well as price action momentum and the psychological levels’ impact on order flow. By the way price action momo as well as the risk environment is at the core of my daily daytrading (Only when I think the environment is ripe for this approach!)

A little more “advanced” discussion for Baby Pippers this week.

As always I welcome comments and questions and will be doing a FREE webinar this month to detail more about what I discussed in this week’s update. (Be sure to join my free newsletter – the link it below – for information on when I will be holding this webinar.)

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This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.