This is an extremely difficult concept to convey to anyone who hasn’t yet found their true calling. The current (exploding) subculture of home-grown entrepreneurship is propelled largely by this concept of motivation. We are motivated by captions, articles, posts and pictures… Videos, concepts and ideas. Success stories that get under our skin and make us
It is no secret I’m a big fan of using the 50ema as a dynamic support/resistance zone. So here are 6 advanced filters I personally use to boost the effectiveness of 50ema support/resistance. 1. Don’t use it as a stand-alone indicator. The strength and effectiveness of 50ema support/resistance varies, depending on market condition! Just like
Your priority in trading MUST be capital preservation before profit. Every professional trader knows this and acts on this in his or her routine. The edge we trade is only slight… and as we teach in Lesson 10 – there is a fine line between pleasure and pain… A fine line between consistent profits and
Recent market volatility on the daily charts has paved the way for textbook price action on the lower timeframes. Here we have the 1H chart of GBPUSD. Identifying the basic BREAK and RE-TEST pattern is one of the many many layers of confluence we can apply over our setups to provide a profitable edge in
1. Always have your key support/resistance lines drawn in that are most relevant to current price levels. Draw in at least 2 key lines. 3-4 lines is recommended! 2. Only trade off key support/resistance lines and wait until the market is visibly decelerating into the key line. Understand that trading off these key support/resistance