The glass ceiling is the level of cash at which the stress level suddenly and unexpectedly increases. Thinking of a specific sum that "causes" this effect in the psyche will indicate the size of the position exposed to risk.
It also happens that traders talk about the "glass ceiling" when specifying the size of the account they have with a broker, but even so,...
Why does trading discipline weaken or disappear altogether, and it happens that in retrospect we see that we did a lot of stupid things?
Let's start with some clarification. When talking about discipline we will have two things in mind.
The first is discipline as a single act - an act of willpower. The second is discipline as the ability to repeatedly apply...
In the shorter term - high levels of emotion and stress cause lower intellectual performance.
Lower intellectual performance is, in other words, less efficient thinking. This is the reason that we generally perform less well on any exams, such as forgetting the simplest and most obvious things.
In the long term, constant stress - can lead to irritability,...
The first and primary challenge for you in the first step of learning the system and trading is to commit all your efforts to learning the system.
The result of your work should be:
correct identification of the signal from the system,
correct placement of an order,
correct management of it until you exit the market.
Therefore, your first step towards...
An investor (trader) is an analyst plus a decision maker. But the system and correct recognition of signals are not enough. Investing (trading) is an activity that requires making good decisions. And it is decisions of a specific type - under the conditions of the existence of risk. This very important topic. Today we will cover the first step towards making your...
The path from "zero" to "Top Investor" requires knowledge of how our brain learns the fastest. This is part of the knowledge of the path of success in trading.
The best traders started from scratch - they knew nothing. One of the critical moments of their development was when they began to understand the system. It was often preceded by various events, moments of...
Polish currency strengthening after govt election and still is getting stronger what is confirmed in TA. USDPLN just printed nice bearish candle still being under 200EMA and that's for me is a bearish signal. Its not an advise its only my opinion.
The rising USD against PLN has finally broken through its descending trendline. This strength in the dollar can be attributed to rising bond yields (amid an unmoved Federal Reserve) and the prevailing economic challenges in Poland and the European Union (recessions).
On a technical note: The USDPLN pair has successfully broken out of a descending trendline on the...
I was gone for quite some time, will post more charts now. Here's what I see for this pair. The MM needs to complete the move with one remaining swipe to the upside.
Hi traders. On this pair we are currently seeing a breakout. If the breakout holds we are able to take a position going long. USD Is showing signs of strength across most currencies.
USDPLN created a nice double top and is now on track to the 38.2% FIB, let's see if we get a pullback from there to give the shorts a discount to go short again. My take profit target would be the bottom of wave 4.
USDPLN pair broke out from downtrend 2 weeks ago and continues to go up.
Entry Point: Consider entering a long (buy) position in USDPLN once the price breaks first resistance at 4.15300 marked on a chart.
Stop Loss: Place a stop-loss order at 4.11500.
Take Profit Targets:
Target Price 1: Set the first target price at 4.24200-4.26500 between two first...
USDPLN on the Higher timeframes has generated some PPO arrows and Hidden Bullish Divergence at the Demand line of an Upwards Slopping Channel, which also happens to align with the 200 SMA. If it can hang on from here, I think it will make a run back up towards the top of the channel.
From trend line in Daily chart it signaled that bearish trend might continue as price is testing Fib 0.382 level and may continue to move downward and breaks LL 3 level.
🚀📈 USDPLN: Seizing the Bullish Momentum! 📈🚀
📊 Technical Analysis: USDPLN, the forex currency pair, is currently exhibiting a picture-perfect bullish trend on the 1-hour chart! 📈 The price action is riding the waves of a strong and steady bullish trend line. 📈📈 Additionally, the Momentum Indicator RSI shows no signs of divergence, confirming the sustainability of...
