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Hello everyone,
Just check this out +320pips for December and it's FREE... myTradingWeek.com I will post my trades here after new year...just want to proof it that Trading Forex possible & profitable...I will share my TT (technical trading) with next trading post, thanks... |
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Hey guys, very interesting article, take a look:
Emotions barriers: (when we have a system) 1) We trade what our strategy dictates, NOT WHAT WE THINK WILL HAPPEN NEXT. 2) Create Solid stop & limit levels, place them and leave computer till you develop confidence. 3) Your self esteem cannot be tied into your trading. You cannot feel great one day when you made money and feel really bad the next day when you lost. This is what Mrs. Ruth Barrons Roosevelth said in an article called: “trading without ego” : ” Self concept has to be strong and durable and not at the mercy of the current, last or next trade.” 4) Do not let the market dictate or affect your personal life. 5) ONLY EXPERIENCED trades can fulfill your confidence… 6) Completely detached from anything else that is not part of the trading system you have chosen. 7) Do not say anything or dream about your future profits! Control yourself. Take the trade and manage it professionally, without any expectations. 8) You cannot get angry when trading! |
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Hello traders,
I decided to post some of my trades. Here is my first trade: (Buy GBP/USD 1.6285 stop: 30pips, limit: 60-80pips target) If you wish to follow the trade and obtain updates, please visit our free chat room at mytradingweek.com |
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TRADING or GAMBLING
This is very interesting, take a time to read it: National Council on Problem Gambling 10 Questions about Gambling Behavior: 1. Have you often gambled longer than you had planned? 2. Have you often gambled until your last dollar was gone? 3. Have thoughts of gambling have caused you to lose sleep? 4. Have you used your income or savings to gamble while letting bills go unpaid? 5. Have you made repeated, unsuccessful attempts to stop gambling? to read whole article, please find here: mytradingweek.com |
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G/U Analysis/Prediction Feb. 2
Today early signs point the we might have a move up with strong reversal candles on 4h and daily…Strong resistance 5975…if this is broken we see 6012 as a good short point with a 15-20 pips SL that could take us down to 5890 area…. |
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G/U Prediction/Analysis Feb. 4
Our main resistance on GU today is the 5920 level…I look for more down today with a possible break of this strong support around 5850 and we can see 5750 by the end of the week….so a short from the resistance with a 20 pips stop and a 100+ limit should be a good risk ….Happy trading all… |
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G/U Prediction/Analysis Feb. 5
Today i see G/U retracing upward before NF news…very hard for me to believe we break 5706, this low on D1 without momentum…so a resistance at around 5760 and key levels at 5800 and 5850 … if we break D1 low early euro session we will fall to 5640 as my h4 t/p level…To add to my thinking for today…a long from 5706 which is d1 low with a 10 pip stop to the first resistance i pointed out and a short off the upper levels would be a good trade….i will post what the RSI is telling me when we get to those upper levels… |
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Feb. 7
Looks like we will have a slow euro session that will chisel out a bottom for us to take us into US session going long…I think early trading will be ranging as there is no news. A good note is that GU had a bounce at 123% hitting 1.5535 so we could see a bottom for today's trading day…So going long from the low range with a minimal stop loss and a t/p at our resistances which are at 1.5608 and 1.5640 levels would be a good trade….Happy trading all… |
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G/U Analysis/Prediction Feb. 9
My outlook for G/U today is long…we have resistance at 5655 and a good level at 5735… support is at 5605 and 5570 area…personally im long at 5610 with tp’s at first and second resistance…so entering long at the support areas with small stops would be a good plan imho…Happy trading all… |
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