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It is critical for every new trader to fully understand the disciplines required and more importantly, why they are required, right at the very start. In this piece, I am going to share the four key areas to focus on which will not only help you determine if self... read more
Today, our focus on earning income through trading. So, why is trading the most rewarding way to earn income? Several reasons immediately come to mind; let’s start with a few selfish reasons. You can trade from nearly anywhere. All you need is a computer and an... read more
Do me a favor please and fill in the blank in this sentence, “The road to _______ is paved with good intentions.” Most of you probably replaced the blank with the word “hell”. It’s an old cliché that is popular in the US and in other parts of the planet. This saying... read more
In no particular order, the first trading mistake that many make is to move their stop loss the “wrong” way as price approaches. I know, I know, all of the experienced traders reading this will say “You never move your stop to take a bigger loss!” But I can almost... read more
Discomfort is a human condition. From conception, our system continuously undergoes cell division and development of blood, bone, tissue, nerves, muscle, internal organs and brain cells that make life outside the womb and eventual survival possible. In the first few... read more
USDCHF: With the pair continuing to retain its downside pressure, more decline is envisaged despite price hesitation. However, we a close higher seen the past week, further bullishness is likely. On the downside, support lies at the 0.9650 level. A turn below here... read more
USDJPY: The pair faces further downside pressure in the short term though seen hesitating during early Monday trading. On the downside, support comes in at the 110.00 level where a break if seen will aim at the 109.50 level. A cut through here will turn focus to the... read more
When it comes to consistency, unfortunately the only consistency that many traders have is in losing money. Obviously, that’s not the consistency anybody wants or desires. Instead, we want to strive to get positive results in our trading. But even with all the desire... read more
“To Err is Human”, but in trading it is a common occurrence that traders will knowingly do things that cause trades to go bad. The situation we’re looking at is not losses that are the result of testing out a trading system or a specific indicator.... read more
I am often asked by traders I meet, “How do I become a successful trader? What does it really take?” In any endeavor – whether the goal is to become a competent trader, surgeon, athlete, psychologist, musician, lawyer, or pilot – the path is... read more
I found your daily analysis very useful. Thank you for an excellent service and great forex analysis
London, United Kingdom
You really do great technical analysis research. Very impressive, you know your job. Over the years, I have read so much technical analysis from many authors, and you can really tell their personal bias is affecting what they see in the charts. You do great work, very impressive.
I want to let you know that since I signed up for your subscription my trading has improved, and I now trade more confidently than before. I carefully read your daily/weekly strategies and then make decisions to initiate my trade, and I would say about 83% was successful. Thank you.