Genius is 99% perspiration and 10% inspiration. Trading is hard work. Hard work rewire your brain. Doctor, Engineer, CPA, Teacher, truck driver etc have rewired their brain through advance training (both theory and practical) Learn the trading. ...

Ingredients of Trading Success

The number 1 mistake in your case, i feel is that you are predicting the market. No one in this universe can predict the market. Why to predict the market? If the price has to go from 1.5277 to 1.50, it will cross key S/R on daily basis to move ...

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

Dont predict the market. Train your mind to do successful day trading. Where ever E/U goes, it will break key S/R on a daily basis.

EURUSD

Yes mate quite slow. Some of the traders are holding shorts overnight betting discount rate will increase on Monday crashing E/U down.

EURUSD

I agree with pivot point king trader . After NFP, It broke pivot point, then support 1 and currently below S 1.

EURUSD

Great performance once again by ace trader baby trader !

Cable Update (GBPUSD)

Breaks Support 1.

EURUSD

Breaks daily pivot of 1.3547..trading below it. Trend is E/U down for the rest of the session.

EURUSD

162 K figure- fed rake hike danger looms. Fed looks at job data carefully.

EURUSD

Breaks daily pivot from above

EURUSD

Global traders awake. Traders in Sydney/fiji are awake.

EURUSD

Very motivating post. Traders in NZ/Aus have a time disadvantage as it is late evening in NZ/AUS when european sessin opens. But your post is highly motivating. May i ask you: 1) How did you paid your bills when you were learning trading? I mean you ...

How long did it take to become consistently profitable?

Trading is the worlds toughest game/profession because of dark uncertainty. It is easier to earn money from a tangible economy by becoming a teacher, engineer, auditor, accountant, receptionist etc. On March 1, within 30 minutes of London opening, ...

New study shows only 1% of traders are consistently successful

Market has taught me to adapt and take each trading day as differently. Anything can happen..at the moment euro bulls are winning..market can change its mood in a 1 hour/1 day or even 1 week time.

EURUSD

Dow up, EUR/USD up... so as a forex trader, we need to keep watching dow as well...tough profession.

EURUSD

It is coming from R 1 zone in asian morning session. The pressure is towards downside.

EURUSD

Yup..i think so..but adaptation is a key in trading. Both plan A and plan B can come handly in volatile moves.

EURUSD

Short from 1.3503..based on ISM data. If it breaks daily pivot of 1.3480, the trade will look more safe.

EURUSD

At the moment, E/U undecided. It broke daily pivot for short period and now another 15 M bullish candle. Lets wait for ISM data.

EURUSD