💥 There are varying concepts, strategies and ideas regarding trading. The primary objective is to stay profitable no matter the kind of strategy you use. 💥 Ironically some traders have this idea that there's one strategy that stands out amongst every other one out there. In my opinion, that's BS. 💥Anything and everything works in the market as long as it is...
I've always made videos on "trade reviews" but I got a private message that read, "how do I review my trades or Journal properly"... So this video will show you what I look at when reviewing and journaling---which should improve your trade performance and make you a better trader generally. Be sure to digest it all! PS. if YOU LOVE MY FEEDS, BE SURE TO FOLLOW...
Every trader goes through these stages. I remember starting out on demo thinking this would be the easiest way to make money quickly. Oh, how I was wrong. It seems like sunshine and rainbows on a demo account but when you move onto a live account, the real problems begin. Your expectations of quick money quickly vanish due to the psychological aspects of...
Trader Jamal… Hey, Finn—What you doing here… Are you here to wind me up? No, Jam! Shucks—Just heard you’re rich now. Trading stole our red-collar boy. How has it being though? Tough!… I won’t even lie to you man. It’s being real tough. I even told my story here to people. You know what they said, “I told you so”. I mean all I wanted was “financial...
The hesitant trader … Do “trading hesitations” mean—low self-esteem?… Oomph What’s the major cause of—hesitations? I once met Qetsiyah… Qetsiyah (or Tessa as she prefers) was one of the most indecisive humans I’ve ever—come across. Tessa had some major issues with making decisions… As little as, “What will you eat?”… She would mull and dawdle over it for...
Hey traders! A common question I get is, do I trade fundamentals?? -From my experience it is to hard to trade off the back of data releases as the moves are to quick to happen and usually get very messy... -Fundamentals I believe just help push a currency in the right direction as technicals give us the entry points to catch these moves -For me its a rule to...
❗️As it turned out, not all traders are familiar with such an important concept as compound interest. Meanwhile, the use of compound interest in trading can be a very effective tool for making a profit. In short, compound interest is the accrual of interest on interest, and if in detail, then read on. ✅The formula for calculating compound interest has the...
Hey traders, 📖 Trading Journal is a crucial element in your trading education. Even though the majority tends to neglect it, in fact, it is considered to be the essential part of a daily routine of a professional trader. In this post, we will discuss why you should keep a trading journal & how it enhances your trading performance. Let's start with the...
Ever wondered why... Do you have those perfect art pieces in the gallery? Those perfect pieces; have a reason they exist in the first place... They also have guidelines followed for them to turn out perfect. Similarly, "Trading"... We can't all be perfect but, trust me---having the idea makes you really good. In this video, I talk about all you need to know as a...
Hey traders, Rising wedge pattern is one of the most accurate price action patterns. Being relatively simple to recognize, it is applied in various trading strategies. ⭐️The pattern itself signifies the exhaustion of bulls. Even though the asset keeps growing in value, the price action legs contract forming a narrowing channel. Being stuck between two...
Squid game is the hottest series on Netflix ($NFLX) right now, in which 456 players join a game of death, where they have a chance to win 456 Billion Korean Won (KRW), or 38.5 Milllion US Dollars. What’s interesting about this series is that it depicts human sentiment in a very realistic way. We could see how market participants think and act by looking at the...
What's going on traders! Are you working full time? and trying to trade at the same time? Having difficulties trying to do both at the same time? In this video I break down what I did when I was working full time and still trying to trade around a busy life. There are 2 options - Trade very short term and get in and out of trades in a few hours OR swing trade....
1. Key levels breakout Bulls/bears become strong enough to violate a key support/resistance and are willing to push to new lows/highs The best opportunity for trade entries. 2. Trend continuation Strong bearish/bullish trend following movement. More and more trades join the rally after a breakout. 3. Consolidation & accumulation Oversold/overbought condition...
Good Morning traders! Today I have a great example of order protection and liquidity building. This is something that I have been speaking about for a long time and this current PA shows it well. The blue boxes show places where large orders have been placed and and initiated moves. See how price returns to retest these areas?! this gives the Banks, Whales and...
Hey traders, Technical indicators are an essential part of technical analysis. With multiple different indicators on a chart, the trader aims to spot oversold/overbought conditions of the market and make a profit on that. Though, I don't consider myself to be an expert in indicators trading, here are the great tips that will help you dramatically improve your...
Often times we find ourselves staring at the futures or the pre-market before the actual markets open. Is there a point? And why does it matter whether we have an opinion about the futures or the pre-market?
what i project next week move is for EURGBP to make short term pullback and continue with it's down trend.. for more analysis join free setups daily
📏Pip is a measurement of the price change in a currency pair trading on the forex market. In most cases, pip is the equivalent to 1/100th of 1%. That rule is applicable to all the currency pairs quoted to the 4th decimal place like EURUSD. ➡️Current EURUSD price is 1.1696 6 is the 4th decimal place representing a pip. If the pair moves from 1.1696 to 1.1697,...