What you get by achieving your goals is not as important as who you become by achieving your goals .. The thing is most of you have the ability to make a huge difference in your life if you shifted your focus to what type of person do you want to BE rather than what you want to HAVE. ⠀
If you study successful people, the majority of them realise that when you focus your energy on who you want to become you achieve all the things you want to have as a side effect anyway. ⠀
From my experience constantly focusing on materialistic things will distract you from your true potential. ⠀
Patience is one of the hardest things for a trader to adopt. The truth is knowing when to stay out the market is just as important. Protect your capital rather than forcing yourself to constantly be in the markets and take trades that don’t fit your plan. 🖊 ⠀
With that being said we have some very key setups shaping up, especially on the YEN pairs🔥 ⠀
Though the WPR indicator (Williams%R or Williams Overbought/Oversold Index) bears the name of famous Larry Williams, its author is George Lane − the developer of the classic Stochastic oscillator.
The WPR indicator exploits a theoretical idea that price is an indicator 📊of market equilibrium at a given moment of time. The highest price 📈 for a period characterizes the maximum strength of buyers; the minimum price 📉, respectively, the maximum strength of sellers. The closing price of the period shows which group of players (“bulls” or “bears”) is stronger 💪, and how serious this «victory» is.
Sometimes, the too active dynamics of the WPR indicator is misleading, ☝️so the trader should clearly understand the current state of the market. Of course, if you initially define the direction correctly, then WPR will be effective as a part of complex trading systems, being a pulse filter.
Find a full article 📝 about the WPR indicator on our blog ➡️ www.forextester.com/blog/main
The brokers in the forex industry promote the idea of trading 24 hours a day 5 days a week. In reality.. there are time of the day you should never trade.
You should never trade between 5-6 pm EST. This is when the daily close happens and a new candle starts to form. Spreads increase drastically making trading during this time a nightmare.
You're just one trade away.. so make sure you're trading at the right times for you!
Comments by the Fed spurred the S&P 500 and Nasdaq to hit all-time highs on Wednesday. The S&P 500 rose 0.5% to 3386.15 and the Nasdaq Composite rose 0.9% to 9817.18. The Dow Jones edged up 0.4% to 29348.03.
January’s FOMC comments showed that the U.S. economy was stronger than what the Fed had expected amid the global coronavirus outbreak. Furthermore, corporate earnings reports in February have pushed stocks higher.
Listen to me...
The trading industry is corrupted, everyone is promoting it as a get rich quick scheme, well guess what, it is not.
If you want success in this industry, it will take hard work and dedication, and there is no substitute for it. I can cut the learning curve for you, and save you years of pain by giving you all my strategies, but in the end it will require dedication to study them from your side, and I can't force you to do it, you must find the motivation on your own.
Comment below If you believe in #workethicovershowoff 👇👇👇
Call it what it is.
If you're over 25 years old and you don't have $1,000 in your bank account, you're broke.
If you have to sit down and figure out which bills you can pay each week....you....are....BROKE.
Being broke is not okay and too many people have settled for that position as a way of life.
And before someone gets themselves all worked up with an attitude and wants to argue about it, let me be the first to stick my hand in the air:
I've BEEN broke.
Fuck, I've probably been broker than most of everyone reading this.
It wasn't fun. Fuck, it was just around 6 years ago. BUT I DIDN'T FREAKING STAY THERE. I didn't act like it was okay.
And I certainly didn't let my little feelings hurt when someone who cared about me finally said, "Hey, you're not living up to your potential. Stop being a bitch and do something about it." So, if you're broke, let me be the first to tell you: "You're not living up to your potential. Stop being a bitch and do something about it." You're a giant drowning in three feet of water. STAND UP.
You GOT this shit, I KNOW YOU DO.
Every minor setback you’ve had up until today has breed a MAJOR COMEBACK 🔥