Categories
Tips / Psychology / General

Trading Wins and Losses Come in Clusters; Except that and Become a Better Trader

I’m sure that for most traders out there it is difficult to deal with a couple of losing trades in a row. I am no different. 

Categories
Charts, Levels and Strategizing

A Look at AUDUSD for the Week of 10 May 2021

AUDUSD broke recent resistance. See chart below for the discussion that follows.

Categories
Charts, Levels and Strategizing

A Look at EURCAD for the Week of 3 May 2021

EURCAD is currently close to support. See picture below for discussion.

Categories
Technical Analysis

The Morning and Evening Star Candlestick Patterns

In this post I will be covering the morning star and evening star candlestick patterns. Both are potent in identifying a potential reversal of price (current market trend). If you are new or need a refresher on candlesticks, you can start here.

Categories
Charts, Levels and Strategizing

A Look at EURJPY for Week of 26 April 2021

One of the charts I like for this coming week is that of the EURJPY. See chart below for discussion that follows:

Categories
Charts, Levels and Strategizing

A Look at AUDUSD for the Week of 19 April 2021

In this post I’m taking a look at AUDUSD for a possible long.

Categories
Charts, Levels and Strategizing Tips / Psychology / General

Update, Discussion and Lessons on EURGBP and USDCHF Pairs from Last Week

Last week I wrote that my plan was to go short EURGBP and long USDCHF depending on certain levels that must be reached and confirmation in terms of candlesticks. You can find the post from last week here.

Categories
Charts, Levels and Strategizing

Looking at USDCHF and EURGBP for the Week of 5 April 2021

In today’s post I’m looking the USDCHF which is in an uptrend and the EURGBP which is a downtrend.

Categories
Tips / Psychology / General

Trading with a Long – Term Mindset

When we first start out trading it’s all about finding that trading strategy that will give us daily / weekly / monthly positive returns, the holy grail in other words. It’s all about instant gratification and unrealistic expectations. This can cause us to take risky trades, being greedy and all the other problems that come with being a newbie trader. Slow and steady is a much better approach to trading in my experience. This post is about how trading with a long – term mindset can help traders improve their trading. 

Categories
Charts, Levels and Strategizing

Discussion: USDCAD from Week of 15 March 2021 (Multiple Time Frame Trading)

Last weekend I wrote about the USDCAD that made a lower low here. I suggest you read that post first before reading this one.