Saving money to trade, or in general, can be a pain. Either it drops your quality of life, or you find that you just can’t save a cent at the end of the month. No matter what you’re earning, I’m going to show you exactly how to save money the easy way. Here are my 27 favourite money savings tips with a couple of personal notes… SAVINGS TIP #1: Stick to your...
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
Intermarket analysis is an often neglected and overlooked type of analysis among traders. However, it's a powerful tool that can help you anticipate future price movements by following the performance of other, closely-related markets. Intermarket analysis refers to the analysis of other asset classes that can provide valuable and actionable insights into related...
In most industrial countries the educational system was created not to truly teach students, but to generate good workers for factories and other companies. Yes, we want these highly trained individuals to be able to think critically and generate new ideas. However, we want them to be excellent employees who follow the boss's instructions. So, how do we do that?...
RISK DISCLAIMER Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
added a few more pairs to the watch list and I show you how to trade a few pairs
If Dollar Index Weakens XXX/USD goes up. If Dollar Index Strengthens XXX/USD does down. Looking at DXY I can see a Reversal Pattern form inside the box with a Pin Bar, Doji and what looks to be a Bearish Engulfing Candle. However, the market is uptrending & this could easily be a retest on 98.00 for a continuation upwards to fulfill the -0.27% extension. Plan...
Hey Traders, Here is my idea about divergence by using macd. First thing first, trend never stays in one direction forever. Sometimes it moves up and sometimes it moves down but how do we know that in anytime of near future we are expecting a reversal. In the pic below, we can clearly see that on AUDUSD trend is massively down from arrow area and everyone is...
Here is a great example on why it's so important to stick to your plan and follow your rules 100%! GBPAUD 60min Bear TCT: Notes are on the chart Would you have been disciplined enough to watch the market get 99.9% to Target #1 and sit through a 150 Pip Reversal and losing half of your profits? Then watch the market come down and Double Bottom just ahead of...
Simple rules 1 - Never trade with money you cannot lose. 2 - Always stick to your plan. 3 - The 1% rule is 1% of your total funds / 4 = how much you should risk per trade. For example: if you have 20000$, 1% = 200/4 =50$ risk 4 - There are around 20 trading days in a month since trading is closed on weekends. You want to enjoy freedom. 5 - After...
Forward testing your strategy : After you have made up your mind about what and how you are going to trade, there are 2 options, backtesting and forwardtesting. The benefits of backtesting is that you gather a lot of data about your trading plan in a short amount of time. The drawback however is that there is very little involvement or emotion in it. In...