Boris Schlossberg
BKTraders and Prop Traders Edge
It doesn’t matter if you are Warren Buffett holding positions for decades or Ken Griffith holding them for milliseconds - there are only two ways to trade.
In trading you can either go with the price action - or in traders parlance trade “flow” or go against the price action or “fade” the move.
If you are going to day trade against trend need to know three things - what to trade, when to trade and how much profit to go for.
Here is a set up I trade every day in stock index futures. During the European open (around 4 am) stock futures usually make a session high or session low that is fadable for at least 20 points. And even if the trade doesn’t work the first time it usually resolves in profit on the second or the third attempt.
But trend! Trend is something different altogether. Trend or “flow” trading has a very specific tell that can give very accurate reads on the market.
Here is my proprietary bounce indicator in Flow mode. Notice anything? Flow trades which are bright green tiles on the chart tend to bunch together. Once a flow trade takes shape it tends to be followed by another.
So what does that mean to us as retail traders. Simple. We only take a flow trade if the prior trade hit the take profit. If the prior trade was a loss we STOP TRADING until flow turn profitable again. Using this stop and go method we avoid the dreaded “churn” and increase our chance of winning trades tremendously.
So here is the surprising takeaway for day trading. To trade counter trend you need to keep trying until you find the turn in the price action. But to trade trend you need stop and go stop and go until you sync yourself up with the trend move in the market.
That’s pretty much the opposite of what most traders do - but now you know!
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD extends its optimism past 1.1900
EUR/USD retains a firm underlying bid, surpassing the 1.1900 mark as the NA session draws to a close on Monday. The pair’s persistent uptrend comes as the US Dollar remains on the defensive, with traders staying cautious ahead of upcoming US NFP prints and CPI data.
GBP/USD tilts bullish as markets barrel toward mid-week NFP print
GBP/USD is holding a broader bullish structure on the daily chart, with price trading well above the 50 Exponential Moving Average at 1.3507 and the 200 EMA at 1.3310, confirming the intermediate uptrend that has been in place since the November 2025 low near 1.2300.
USD/JPY slumps below 156.00 as Japanese Yen strengthens after Takaichi's landslide victory
The USD/JPY pair tumbles to near 155.90 during the early Asian session on Tuesday. The Japanese Yen strengthens against the US Dollar after Japanese Prime Minister Sanae Takaichi led the ruling Liberal Democratic Party to a historic landslide win. Traders braced for key US economic data that could offer more clues on the Federal Reserve's monetary policy.
Editors’ Picks
AUD/USD taps three-year highs on broad US Dollar weakness
AUD/USD is trading near three-year highs after a strong break above the 0.7000 psychological level for the first time since February 2023, supported by the Reserve Bank of Australia's surprise 25 basis point rate hike to 3.85% at its February meeting. The daily chart shows the pair in a well-defined uptrend, holding above both the 50-day Exponential Moving Average near 0.6970 and the 200-day EMA around 0.6700.
Gold pushes back above $5,000
The daily chart shows spot Gold in a parabolic uptrend that accelerated sharply from the $4,600 area in late January, printing a record high at $5,598.25 before a violent reversal erased nearly $1,000 in value during the final days of the month.
USD/JPY slumps below 156.00 as Japanese Yen strengthens after Takaichi's landslide victory
The USD/JPY pair tumbles to near 155.90 during the early Asian session on Tuesday. The Japanese Yen strengthens against the US Dollar after Japanese Prime Minister Sanae Takaichi led the ruling Liberal Democratic Party to a historic landslide win. Traders braced for key US economic data that could offer more clues on the Federal Reserve's monetary policy.
Litecoin eyes $50 as heavy losses weigh on investors
Following a strong downtrend across the crypto market over the past week, Litecoin holders are under immense pressure. The Bitcoin fork has trimmed about $1.81 billion from its market capitalization since the beginning of the year, sending it below the top 20 cryptos by market cap.
Japanese PM Takaichi nabs unprecedented victory – US data eyed this week
I do not think I would be exaggerating to say that Japanese Prime Minister Sanae Takaichi’s snap general election gamble paid off over the weekend – and then some. This secured the Liberal Democratic Party (LDP) an unprecedented mandate just three months into her tenure.
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