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Showing posts from March, 2022

Life is all about the choices we make!

What lies between the letters 'B' and 'D'? The letter 'C' of course. But this simple sequence of three letters can also be used to depict a profound truth of life. Between 'Birth' and 'Death' are the ' Choices' we make. The details of our birth were not determined by us. We did not choose our country of birth; nor did we have a say in deciding our mother tongue or parents. Nobody asked us which colour of skin, eyes, and hair we would prefer. Birth was a pre-decided affair. We will not select the variables of our death either - the mode, time, or date. Between these two determines of birth and death, the field of life unfolds and presents us with an array of choices. We select our thoughts, priorities, emotions, and behaviours. Regardless of how good or bad we may presently be, we can always choose to make our future better. Regrettably, we also have the option of choosing to make our future worse. Every choice veers our life up or down on

Gold Setups and pattern trading. XAUUSD

 1. Symmetrical Triangle Breakout ( Downside breakout). 2. Head & Shoulder Pattern Breakout. 3. Symmetrical Triangle & Range Breakout. 4. Bearish Flag Breakout. 5. Bullish Flag Breakout 6. Trendline Breakout with a bullish engulfing candle. (11/04/2022) 7. Symmetrical triangle Breakout (Up side Breakout) (12/04/2022) 8. Trendline Breakout. 9. Head and Shoulder pattern (21st April 2022) These are the recent pattern breakouts which I observed in the Gold pair. I will post any further useful analysis in this blog. Stay Tuned! :)

Forex Market Structure Approach.

 Forex trading approach 1. A Forex trading strategy is a system that a Forex trader uses to determine when to buy or sell, together with technical and fundamental analysis for building confidence when executing trades. Components of being a professional trader * You need a trading plan / Weekly structure approach. * You need to know trading hours (when & when not to trade). Forex trading hours, market open and market close intervals. 1. The Forex market is open 24 hours a day in different parts of the world, this ability of the Forex market tradable over a 24-hour period is due to having different parts of international time zones. 2. The actual tradable times for retail Forex traders is 24/5 ( five days per week). The market opening time is every Sunday 12AM GMP with the open of Sydney session & the market closing time on Friday is 12 AM GMT with the closing of the New York session. The 4 Major Forex exchanges:- The four major Forex exchanges are located in London, New York, S

Fx Scalping and Swing Lesson

   Fx Scalping and Swinging approach overview. 1. Many people participate in the forex markets, some as investors, and others as traders. Investing is approached with a long term view in mind, you plan your success and trading meanwhile, moves to pocket gains on a regular basis you can do both only if you master one of them first, hence I said " you plan your success". 2. The most popular trading strategies includes day trading, swing trading and scalp trading choosing a style which suits your own trading approach is essential for your long term success.  Introduction to scalping and swing trading:- 1. Scalping and swing trading are two of the most popular short - to - medium term investing strategies used by traders. 2. Scalping involves making controlled and limited trades daily in which positions are approached with proper risk management, sometimes you can only hold trades for a few minutes, as such, profits are small, but the risk is also reduced. Only hold trades when t