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How To Withstand The Tough Times To Be Successful

I just finished teaching a class on the importance of documenting your trading. It was called “Awareness and Reprogramming.” One of the students complained that documenting was something that they did not enjoy and that it was therefore difficult to follow-through with. Actually, most endeavors that are of value involve tasks that are not in and of themselves enjoyable. But they must be

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CRUDE OIL: Extends Bullish Offensive On Rally

CRUDE OIL: With the commodity rallying for two days in a row, more price extension is likely in the days ahead. On the downside, support resides at the 51.00 level where a break will expose the 50.00 level. A cut through here will set the stage for a run at the 49.00 level. Further down, support resides at the 48.00 level. On the

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How Power Of Intention Can Improve Your Trading Results

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 minimizes “intention” as a shallow aim that lacks real power; meaning

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EURJPY: Resumes Its Medium Term Uptrend

EURJPY: The pair resumed its medium term on Wednesday leaving risk of additional strength on the cards in the days ahead. On the downside, support comes in at the 120.00 level where a break will aim at the 119.50 level. A turn below here will target the 119.00 level with a breach turning focus to the 118.50 level. Conversely, resistance lies at the

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2 Reasons Why Traders Fail (And How You Can Overcome Them)

The world of market speculating is made up of everyone from the active day trader to the longer term investor, to major corporations and banks worldwide, speculating in all kinds of markets and asset classes, people all around the globe pushing buy and sell buttons each day in hopes of achieving income, wealth, profits. Never in history have there been so many books

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EURUSD Rejects Higher Level Prices With Risk More Weakness Envisaged.

EURUSD: The pair continues to retain its broader downside pressure having rejected higher prices on Monday. This development leaves EURUSD vulnerable to the downside in the days ahead. On the down, support lies at the 1.0550 level where a violation will aim at the 1.0500 level. A break of here will aim at the 1.0450 level. Conversely, on the upside, resistance comes in

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GOLD: Follows Through Higher On Recovery Higher

GOLD: The commodity strengthened on the back of its Friday rejection candle on Monday. This has left it targeting further upside pressure in the days ahead. On the downside, support comes in at the 1,180.00 level where a break will turn attention to the 1,170.00 level. Further down, a cut through here will open the door for a move lower towards the 1,160.00

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