Pro Tip #10
Take Notes. Study Your Success And Failure.
An analytical approach to trading does not begin at the fundamental and technical analysis of price trends, or the formulation of trading strategies. It begins at the first step taken into the career, with the first dollar placed in an open position, and the first mistakes in calculation and trading methods. The successful trader will keep a diary, a journal of his trading activity where he carefully scrutinizes his mistakes and successes to find out what works and what does not. This is one of the most importance forex trading tips that you will get from a good mentor.
4 7an hour ago
The Inverted Hammer and the Shooting Star look absolutely the same too. Furthermore, they are the exact mirror image of the Hammer and the Hanging man. They have a lower body and a long bullish candle wick.
The Inverted Hammer has the same function as the Hammer. When you get it at the end of a bearish trend, you expect the price to increase. At the same time, if you get a Shooting Star at the end of a bullish trend, you will likely see a decrease of the price. Refer to the chart example to see how this works.
This is the H1 chart.After an increase of the Swissy a bearish Shooting Star appears on the chart.
The next thing we see is a sharp decline of about 67 pips for 8 hours.
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🔥🔥EURUSD analysis (1h)🔥🔥
Wait for flag and take that breakout! 🚀When it breaks blue line (1.12668 area) move your stop loss at BE or you can move it tight, according to the new low, if you want secure some profit! 🤑🤑I will move at BE and see what will happen next. After it breaks im expecting impulse to the up.
So keep an eye on it & be patient & trade with care!
Thank you for your support!👋
You’re limiting yourself when you start feeling sorry for yourself.
You didn’t get hired today? Good.
Push yourself and own the business you wanted to work for.
It didn’t last with the girl/guy you wanted? Good.
Love yourself, keep building and realize you’re one mistake closer to finding the one you can make it work with.
You studied and didn’t get the grade you wanted in school. Good
Get tf up and start teaching it instead of only studying. It’ll help you master and retain the information.
Your business didn’t hit your revenue goals this quarter or year.
Fucking perfect opportunity to figure out what was ineffective with your strategy, find where you can cut cost without losing quality, fix your processes and infrastructure if needed and make it happen.
It starts with you believing in yourself and doing it today. Not tomorrow morning.
Mindset is half the battle. Trust me.
It’s you vs you.
Tag your circle. Nobody is alone.
We all go through shit 💪🏽