〽️Ⓜ️🌀On its own merit the 8 currency index charts on lite Forex can you give great insights to currency strength and weakness.
〽️Ⓜ️🌀However, a quick and responsive currency strength meter will always come in handy to get a quick look at the overall market and align your existing trading strategy to the strong and weak pairs.
〽️Ⓜ️🌀The Currency Power Indicator shows strength and weakness from the M5 to the Monthly time frame.
تحلیل سلطان بازار فارکس، یورو/دلار
EUR/USD pair fell inside the #bearish channel range again, below previous year low. It seems will continue down trend movement.
🔴 It is better to avoid long positions for now until the pair form a major #bullish reversal pattern.
✅Ensure that the forex pairs you want to trade are offered. It may be the case that you're looking to trade a specific pair of currencies (for example, U.S. dollars for Swiss francs). ✅Be absolutely certain that the brokerage you're considering offers that pair.
This week so far. Don't count the $. Count the pips. Look after pips and the money will follow. There will always be losing days. Especially after a good win streak. The key is to step back, calm, continue. Good week all
Trading the largest financial market in the world does not suit everyone. Many times, people rush to trade, without understanding what’s it’s all about and end up in disappointment, not to mention the loss of money. Whether you’re a new trader trying to learn the ropes in a realistic environment or a seasoned forex trader looking to check out a new online broker, platform or strategy, a demo account can be the smartest and most useful way to practice the latest earning techniques without the added element of losing real money.
Discretionary exit from my oil short earlier today has me sat at +4.9% profit for April so far 🙌🏼🙏🏼
I still get so many DMs from people asking for best tips. When I ask them if they journal or backtest they say no or a little.
Journaling - allows you to keep track of your trades and performance, spot patterns over longer cycles, review your progress and see silly errors you consistently are making that are stopping you from becoming a better trader.
Backtesting - proves strategies using historic data, gives you a great idea of expected strike rates and profitability of set ups, allows you to gain confidence in your strategies and management. Allows you to experiment and also help you spot patterns that can help you learn when NOT to take your set up (very important).
If you do neither or are lazy with them then grab a fucking grip, stop looking for other people's help and help yourself right now. Treat this shit serious.
When you look at 90% of traders making consistent returns over pro longed periods I guarantee they journal and I guarantee they have spent unimaginable amounts of time in a dark room on their laptop backtesting pair after pair.
Stop being lazy bastards and start helping yourself, the confidence you'll have in your trades will grow tenfold which will allow you to remove the stupid errors you're making now.
27 69818 April, 2017
Throwback to trading from this incredible spot in Sintra, Portugal late last year.
It doesn't matter where you are, how you feel or what you're doing, make sure you're consistent.
Be obsessed, only ever aim to be the best 🙏🏼 #travellingtrader
22 77827 February, 2017
So much news this week & NFP today = a very quiet one.
Wanted to add more analytics to my Evernote trading homepage but it turned out to be a huge ball ache so started designing a new one instead which I'll be making the switch on to next week.
Use your time wisely, just because markets are slow doesn't mean you should stop improving your systems 🙏🏼
24 67810 March, 2017
Who's ready to make some fun coupons this week?
I'm back in full effect, week out to get focus back 100% on trading. Expect consistent content again from now.
Using Sunday to create watchlists, map out the month/week and get motivated 👨💻
Fast on the micro, patient on the macro, let's do this.
23 7282 April, 2017
Trust in the process, we are only given what we can currently handle - you will get where you want, just keep growing.
Aiming for those wizard levels 👆🏼
18 59215 March, 2017
April; 8 trades for +7.9% profit.
Solid but quiet month 📈📉
Great weekend catching up with some pals, now time to put in a session and get ready for the week.
Sundays are my favourite day of the week. It's when we prepare and identify potential opportunities within the market and line up that sniper with our trigger finger ready to squeeze when necessary.
A huge part of becoming consistent is being prepared for what will happen throughout the week and this is relevant in all aspects of your life. Stay on top of your shit, period.
Not just traders but everyone should dedicate 2-4 hours planning their week on a Sunday so they start off as fully in control as possible, it's life changing.
Yes there will be surprises and things that come up completely out the blue but they'll be much easier to handle when you've got the rest of your shot under wraps and prepared for. #pepperthatangus
14 73630 April, 2017
Congrats to this lil 🐒for finishing uni, fingers crossed for the results. No doubt you'll of smashed it 👏🏼
Welcome to 'freedom' 😂😋
14 69410 May, 2017
Up to the city for my boy, @apackham celebration of birth.
Hitting up ASR this morning.
2 trades taken this week for +3.8%, great start to March after a pretty uneventful February. Long may it continue.
Enjoy your weekend, look after yourself & chill 🙏🏼