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How To Get Frustrated In Trading (And How You Can Fix It)

Becoming frustrated challenges every trader. Trading psychology can help traders handle the many frustrations of trading. Feeling frustrated is just another way of saying that we don’t like what the market is offering us. When things don’t go our way, it’s natural to get frustrated. But like so many things in life, it is how we respond to frustrating events that can make

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GOLD: Looks To Pullback On Correction

GOLD: With the commodity still trading below its key resistance we envisage a move lower in the new week. On the downside, support comes in at the 1,330.00 level where a break will turn attention to the 1,320.00 level. Further down, a cut through here will open the door for a move lower towards the 1,310.00 level. Below here if seen could trigger

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EURUSD: Sees Price Hesitation But Vulnerable

EURUSD: The pair saw price hesitation the past week but still faces corrective pullback risk. Support lies at the 1.1150 level. Further down, support lies at the 1.1100 level where a violation will aim at the 1.1050 level. A break of here will aim at the 1.1000 level. Conversely, on the upside, resistance comes in at 1.1250 level with a cut through here

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GBPUSD: Risk Builds Up On The 1.2865 Zone

GBPUSD: The pair continues to target further weakness after closing lower the past week. It now targets it key support located at 1.2865 level. On the downside, support lies at the 1.2900 level where a break will turn attention to the 1.2865 level. Further down, support lies at the 1.2800 level. Below here will set the stage for more weakness towards the 1.2800

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How Mental Secrets Of Elite Athletes Can Help You Manage Your Trades

Like traders, top athletes compete and practice their sport day after day. Like traders, top athletes have good days and not so good days. Here’s an insightful comment by an elite tennis player after winning an important match in which she didn’t feel 100% (emphasis added in bold): Actually, mentally I’ve been going well from every match, I’ve been unbelievable. Probably stronger and

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EURUSD: Threatens Further Recovery Higher

EURUSD: The pair rejected lower prices on Wednesday to close higher. This development leaves EURUSD faced with consolidation risk with upside bias. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim at the 1.0950 level. Its daily RSI is bearish and pointing lower

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How What You Think Can Cause You To Win Or To Lose

It was a cause for celebration, though to the casual unaware observer there didn’t seem to be much to be happy about. But Saundra knew better. Yes, the trade was stopped out for a small loss and there had been a number of them. In the past Saundra would have all but freaked out while telling herself that she wasn’t very good at

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GBPUSD: Continues To Face Further Bearishness Pressure

GBPUSD: The pair looks to weaken further having continued to threaten more bear pressure. On the downside, support lies at the 1.2950 level where a break will turn attention to the 1.2900 level. Further down, support lies at the 1.2850 level. Below here will set the stage for more weakness towards the 1.2800 level. Conversely, resistance stands at the 1.3050 levels with a

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