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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Bitcoin Bullish reversal?? Think again!! Bitcoin has broken an important support line and the next support line is around the @4500 level. From my experience trying to buy this on its way down it trying to catch a falling knife. If your desperate and want to buy into bitcoin, at least wait until Bitcoin has consolidated...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY You think you saw a big drop over the last 24 hours!! Bitcoin Biggest Bear DROP coming !!! The support line has been broken @6055 area and there is only one direction that the trade can go now SOUTH!!. Next resistance line is now at @4500 area. Follow your trading plans, remain disciplined and keep learning :) HAPPY...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY AUD/JPY Short Sell continue... Chart Time frame - 4 Hourly Timeframe - 1-2 weeks Actions on - A – Activating Event Entered short position on the 8th Nov. Below you will see trade management details B – Beliefs Continuing on with trade however moving stop loss closer FX:AUDJPY Trade Management Entered @ 82.93...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY GBP/CHF Short Sell continue... Chart Time frame - 4 Hourly Timeframe - 1-2 weeks Actions on - A – Activating Event Entered short position on the 8th Nov. Below you will see trade management details B – Beliefs Continuing on with trade however moving stop loss closer FX:GBPCHF Trade Management Entered @ 1.3154...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart Time frame - 4 Hourly Timeframe - 1 week Actions on - A – Activating Event Currency Pair creating a Double Top B – Beliefs Market will be rejected at @1.009 level and move towards the Target 1 level @ 0.9963 Will only enter if market has been rejected by the @1.009 level. If not the trade will not be...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Trading Psychology- Master your Mind and Money Are you continually loosing money and not knowing why? For the past decade of trading the financial markets, I believe psychology is so vital to trading success. Below is a small snippet of questions that you need to ask yourself prior to entering the market so that you are...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Back Testing - Evaluating your Trading Strategy 101 Backtesting of technical methods in light of past prices is the most popular testing strategy among technical traders.Below is a short list that will get you started; 1. How many trades does it generate? .............................................. 2. Whats the...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Possibility shorting selling USD/JPY FX:USDJPY weekly Prediction Chart time frame - H4 Timeframe - 1-2 weeks Actions on - A – Activating Event USD will see another bull run this week. B – Beliefs Market will be rejected at @114.5 level and move south towards the 113.5 level. This will be a...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY US Dollar Index weekly Prediction Chart time frame - H4 Timeframe - 1-2 weeks Actions on - A – Activating Event US Dollar Index will see another bull run this week. B – Beliefs Market will be rejected at @12276 level however consolidate and then move towards the first Target 1 level @ 12315. Trade Management...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Remembrance Day - Lest we Forget!! TODAY MARKS THE 100TH ANNIVERSARY OF THE END OF FIRST WORLD WAR. REMEMBER TO OBSERVE THE TWO MINUTE SILENCE AT 11AM TODAY. OTHERS MAY FORGET BUT WE REMEMBER.

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY BENEFITS AND RISKS OF TRADING 101 a) Market Action Market Action is determined as the summary of data showing the trading activities in the market, which determines the differentiation between the price of the currency on which profit or loss can be generated. The rate of change in profit and loss is provided in...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Majors, Minors & Exotic Currency Pairs | BEN WRIGHT Currency Pairs a) Popularity A currency pair is the structure of the currencies, which are traded in the forex market. According to the latest report of United Nations, there are 180 currencies around the world and the illustrated currencies are the top 8 traded...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H8 Timeframe - 1-2 weeks Actions on - A – Activating Event Currency Pair creating a Double Top. USD will move north again over the next couple of weeks which will help line up the trade B – Beliefs Market will be rejected at @1.33314 level and move towards the first Target 1 level @ 1.31 level. ...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Financial Market Introduction 101 a) Market participants Market Participants include those parties that are involved in the operations of investment companies. Their control in the market is necessary and they should be well aware of the changes in the market. 1. Brokers and dealers handle trade activities between the...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Technical versus Fundamental Analysis 101 a) Popularity Fundamental analysis deals with the studies of basic financial information in order to forecast the supply and demand, profit, strength of the industry, the ability of the management and some other intrinsic factors, which influence the value, and the growth...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Achieve Financial Security through Self Development What skill set will you further develop over the next 90 days?What books will you read? What courses will you take? State specifically your personal development action plan for the 90 days...(your personal development is an ongoing process)............................ ...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Money Management 101 Are you receiving a win-rate of more then 60% and still loosing money?? Money Management may be an area that you need to focus on. It is an essential element in becoming a professional trader. Listed below are 4 Simple Steps To Evaluate Your Financial Health; 1. Position Sizing A portfolio of...

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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Forex Trading Admin Board Over the past 18 years of trading the markets I have always had an admin white board next to my main desktop computer. This has kept me disciplined and methodical in my trading approach. I am very regimented and disciplined and I try as hard possible to limit the amount of errors in my trading....