Oil was at R138 ...

Pivot Trading Journal

AUDUSD AUDJPY

Pivot Trading Journal

EURCAD

Pivot Trading Journal

Today's calendar. No red news today.

Pivot Trading Journal

AUDUSD AUDJPY

Pivot Trading Journal

EURCAD Oil at R100.

Pivot Trading Journal

Today's calendar. Bank holidays.

Pivot Trading Journal

Calendar for next week. image Wed AUD CPI q/q Trimmed Mean CPI q/q CAD BOC Monetary Policy Report BOC Rate Statement Overnight Rate BOC Press Conference Thu JPY BOJ Outlook Report Monetary Policy Statement BOJ Press Conference USD Core Durable ...

Pivot Trading Journal

I'm very sorry but I can see no progress in this case. And I'm really very sad because it took me a week to create it.

MT5 Indicators and EAs

PSYCHO-CYBERNETICS, A New Way to Get More Living Out of Life By Maxwell Maltz PRACTICE EXERCISE: “Hold a picture of yourself long and steadily enough in your mind’s eye and you will be drawn toward it,” said Dr. Harry Emerson Fosdick. “Picture ...

Pivot Trading Journal

Some thoughts related to Fundamentals (Part #4): Watch the crude price to see how much strength is left on this crude drops UC goes up and reverse My system in general winning hits are about 80% and 20% losses usually occur when fundamentals or ...

Pivot Trading Journal

Some thoughts related to Trading psychology (Part #4): like to share this from Millionaire traders "Once I reach my weekly goal, I either stop trading or reduce the size of the trades so far that I cant possibly do any damage to my account. The ...

Pivot Trading Journal

Some thoughts related to Trading psychology (Part #4): True anything can happen also means everyone must have a cut out point when the trade clearly does not work. I have my SL and have no issues taking a loss. My system is based on large sample ...

Pivot Trading Journal

Some thoughts related to Trading psychology (Part #4): I recommend to play chess regularly in fact I play lots of 5min games in between trades or waiting for it. go chess.com and sign up for free computer pairs you someone that has your rating ...

Pivot Trading Journal

Some thoughts related to Trading psychology (Part #4): Lot of traders have good understanding of technicals but are missing the heart of trading. Concept of probability. Without this insight you will be like a rat running circles for years... Its ...

Pivot Trading Journal

Some thoughts related to Trading psychology (Part #4): Get all Market Wizards books by Jack D. Schwager He interviewed dozens of top traders and their insights I emulated in my trading as much as I could. Example from Hedge Fund Market Wizards "Your ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #4): You are a good example why an experienced trader can pile pips and not so experienced lose money. It takes time to sort things out specially how one feels about taking a loss. I only provided framework to ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #4): If anything I always stressed not taking trades at WP because its in neutral area and can go both ways. Remember big players always push low to take out weak longs before filling their longs. Happens every ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #4): I noticed when I did my first trade using small multiple entries, it helps with mindset too. Instead of thinking "oh no, it's going against me" it's more of a "awsome, I can get a better entry!". Looking at ...

Pivot Trading Journal

Some thoughts related to Pivots (Part #4): 2 scenarios I am anticipating on EG Price doing AB =CD to 100S but not sure from here now or further up to WP On sidelines for now image Often 50Fib level corresponds to WP HL divide 2=WP Once drawn looks ...

Pivot Trading Journal