How to Optimise Your Trading Routine?
I’ve recently relocated to Asia from London and I did the usual ritual of readjusting my working routine as well as my body clock. Moving between timezones also meant that I need to re-tune my trading hours. I started trading again after a week and I realised that trading wasn’t smooth flowing, I didn’t feel…
Financial Freedom Through Electronic Day Trading by Van Tharp
My Views The author Van Tharp is renown Trader Mentor while Brian June was one of his student and entrepreneur. Without saying, the book puts important emphasis on Trading Psychology and ways to improve it. My personal favourite was when the authors gave a good illustration of what a Trader should and/should not expect from the market,…
Weekly Trade Commentary: 23rd Sept 2012
Dear readers, This week, for the first time, I will start writing a high level weekly commentary of what I’m looking at for the rest of the week. The USD index looks over extended and last week, the index started a pullback which could potentially turn into a reversal. Most majors and minors seems decoupled…
EURUSD Resistance Zone: What’s Next?
Hello Readers, (Click on image for Larger View) This post is just a quick snapshot of what I’m looking at right now. EURUSD just approached a reasonably strong Resistance Zone (Grey box). This was formed based on the multiple price reaction in the past (Green arrows). Below is a EURUSD Weekly chart is used to illustrate…
3 Steps to Declutter your Trading System
When was the last time you clean your Trading System? When was the last time you removed any “Unused” tools on any of your charts? Frankly speaking, many of you probably Don’t Even Realise that these “Unused” items have became an obstruction rather than a tool. Like everything else in life, Trading requires some form of Decluttering…
EURJPY: Long, Short or Both?
Related ariticle: Understanding Support & Resistance EURJPY presented a nice set up this morning. The chart below is a EURJPY on a 60 min chart. (Click on image for Larger View) The currency pair has been ranging in a well define range since the 22nd of Aug. This setup was quite similar to the one on AUDUSD in…
NZDUSD Weekly: Kiwi on a Diving Trip?
(Click on image for Larger View) People often ask, “what do you look for when you trade?” And the answer is simple: Clarity Trading is like making a dive trip and you only invest in the trip if you know the water is clear. If it isn’t clear, stay out. The following is an example of a…
Video: Unwrap Your Infinite Greatness by Les Brown
Les Brown talks about how to to Rise the Bar. Enjoy!
AUDUSD Bounces like a PingPong Ball: Range Setup
(Click on Image for Larger View) Hello, The above shows a 240min chart for AUDUSD from the 8th-27th Aug 2012. As you can see, the price of AUDUSD was bouncing like a Ping Pong ball (Green arrows) on the 8th, 16th, 17th, 21st and 22nd, moving between both Support and Resistance price levels. I’ve not…
The 4-Hour Work Week by Timothy Ferriss
My Views This book was a great to me in terms of lessons learnt and timing. I finished reading this book right before I started trading Forex and, in many ways, it was a blessing reading it as it helped me stay focus on my ultimate goal. The 4 Hour Work Week was especially useful in…
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