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7 Powerful Steps To Becoming A Great Trader

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 the same: Dedication to the goal, a lot of hard work, and a willingness to keep picking yourself up

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GOLD: Consolidates With Upside Bias

GOLD: The commodity closed higher the past week leaving risk higher. On the downside, support comes in at the 1,250.00 level where a break will turn attention to the 1,240.00 level. Further down, a cut through here will open the door for a move lower towards the 1,230.00 level. Below here if seen could trigger further downside pressure targeting the 1,220.00 level. Conversely,

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AUDUSD: Rallies Further On Bull Pressure

AUDUSD. The pair continues to retain its recovery threats strengthening strongly on Tuesday and leaving risk of price extension. On the downside, support resides at the 0.7450 level where a breach will aim at the 0.7400 level. Below that level will set the stage for a run at the 0.7350 level with a cut through here targeting further downside pressure towards the 0.7300

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GOLD: Remains Biased To The Upside On Correction

GOLD: The commodity closed higher the past week leaving risk higher. On the downside, support comes in at the 1,250.00 level where a break will turn attention to the 1,240.00 level. Further down, a cut through here will open the door for a move lower towards the 1,230.00 level. Below here if seen could trigger further downside pressure targeting the 1,220.00 level. Conversely,

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EURUSD: Resumes Its Medium Term Uptrend

EURUSD: With the pair rallying to close higher the past week, more strength is expected in the new week. Resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1.1350 level where a break will expose the 1.1400 level. Conversely, support lies at the 1.1150 level

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USDCHF: Weakens, Retains Bearish Bias

USDCHF: With the pair selling off to close lower the past week, further decline is likely in the new week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level. Its weekly RSI is bearish and pointing lower suggesting further weakness. On the upside,

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EURJPY: Follows Through Higher On Recovery

EURJPY: The pair faces further move higher following strong strength during Friday trading today. On the downside, support comes in at the 124.00 level where a break if seen will aim at the 123.50 level. A cut through here will turn focus to the 123.00 level and possibly lower towards the 122.50 level. On the upside, resistance resides at the 125.00 level. Further

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