Some thoughts related to Fundamentals (Part #6): News and why is this important. News importance 1. Interest rate decision / Central Bank statements announcements that change policy 2. Retail Sales 3. Inflation (consumer price or producer price) 4. ...

Pivot Trading Journal

Some thoughts related to Fundamentals (Part #6): is there a book/s on Macroeconomics that you could suggest? Honestly Forex is a wild animal. You can have positive news and pair moving down or opposite negative news and pair appreciating. It’s what ...

Pivot Trading Journal

Some thoughts related to Trading psychology (Part #6): There will be trades that simply fail. There is nothing to do then take the loss. Move on and do more what works. I think starting from next week market will more or less become "normal" Summer ...

Pivot Trading Journal

Some thoughts related to Trading psychology (Part #6): This is clear example when Mark Douglas says Dynamic traders moving price! Not some wiggly MA's, Ichimoku clouds or some others lagging indicator "where is my 12-20yr back testing" Actually ...

Pivot Trading Journal

Some thoughts related to Trading psychology (Part #6): worth reading this article. I spent many hours days weeks thinking how to beat the market and article below helped me as well. What Separated the Turtle Winners and Losers? So you can have a ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #6): Here is a tip to new traders Best easiest pairs to trade are commodity pairs against each other NZD CAD AUD All pretty much stay in range. Rarely go to extremes and often worth holding even if you are in ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #6): Closed EC +250 Market is in range and wont surprise me this dropping down again image When trading crosses like EC you must look at the majors UC dropping gaining getting stronger (CAD) EU is struggling ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #6): I think you should work out a cut out point how much you are willing to invest on a pair to see if its working. Worst case scenario is when positions get too big and becomes determental on the account. Find ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #6): its crucially important everyone understands trading my system! Get rid of ALL moving averages! Yes you heard me ALL! Once again read the 1st page carefully I don't sell bottoms and I don't buy Tops! Sure ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #6): To those who are new to pivot trading its going to take time to grasp the essence. Because we trade small we can overcome DD in most cases. Its not suited for everyone and your decisions are yours. I have ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #6): dropped the ball getting out of EC Can't always predict the future but just saying lot of $$ left on table didn't expect PA breaking 78S image Not trying to dissuade you from positions you already ...

Pivot Trading Journal

PSYCHO-CYBERNETICS, A New Way to Get More Living Out of Life By Maxwell Maltz PRACTICE EXERCISE - Habitually, you put on either your right shoe first or your left shoe. Habitually, you tie your shoes by either passing the right-hand lace around ...

Pivot Trading Journal

PSYCHO-CYBERNETICS, A New Way to Get More Living Out of Life By Maxwell Maltz Practice Exercise: Form the habit of reacting aggressively and positively toward threats and problems. Form the habit of keeping goal-oriented all the time, regardless of ...

Pivot Trading Journal

PSYCHO-CYBERNETICS, A New Way to Get More Living Out of Life By Maxwell Maltz Relax while you work Practice Exercise In Chapter Four you learned how to induce physical and mental relaxation while resting. Continue with the daily practice in ...

Pivot Trading Journal

EURCAD

Pivot Trading Journal

GM Today's calendar. image 14:30 USD - NFP

Pivot Trading Journal

EURCAD

Pivot Trading Journal

Today's calendar. image GBP

Pivot Trading Journal

EURCAD

Pivot Trading Journal

Today's calendar. image USD! CAD

Pivot Trading Journal