How Long To Become A Millionaire?

We've all heard the stories of people making millions in trading, sometimes in as little as 12 to 18 months! But let me tell you.... TRADING IS NOT A GET-RICH-QUICK SCHEME! Sorry to burst your bubble. Trading is a long-term game, often holding onto a trade (and dealing with the emotion of it rising and... Continue Reading →

Trading Journal 30th May 2017

 - CURRENTLY NO LIVE FUNDS TRADED - Been training on a new system which I've currently spent quite sometime backtesting. I'll be starting demo account trading with this soon when trading is complete. As for my price action chart analysis, I find it is too unpredictable an not meeting my expectations of trading.   More... Continue Reading →

Trading Journal 29th May 2017

 - CURRENTLY NO LIVE FUNDS TRADED - FOREX NZDUSD Signal today indicates a bearish Pin Bar, following previous days fakey and inside bar signals. Entry and stop loss adjusted to below and above the previous bar. FOREX EURUSD Inside bar formation after recent consolidation... expect prices to continue going long. FOREX GBPUSD Similar to EURUSD,... Continue Reading →

Trading Journal 28th May 2017

 - CURRENTLY NO LIVE FUNDS TRADED - FOREX NZDUSD Continued signal with a possible "Fakey" setup, which is when the price rises in order to trigger the "buy" signals before heading back towards trend and catching the buyers stop losses on the way. These are my personal reviews of the market and as I am... Continue Reading →

Trading Journal 25th May 2017

 - CURRENTLY NO LIVE FUNDS TRADED - FOREX NZDUSD Inside bar formation at previous swing high, indicating a possible drop back in line with trend. Trade: Sell Stop @ 0.69867          Stop Loss @ 0.70672 These are my personal reviews of the market and as I am not an experienced trader I highly recommend you seek... Continue Reading →

Trading Journal 24th May 2017

 - CURRENTLY NO LIVE FUNDS TRADED - FOREX USDJPY Bear pinbar formation rejecting a close above the trend line. May indicate bearish movement from here...? These are my personal reviews of the market and as I am not an experienced trader I highly recommend you seek your own advice before placing any trades based on... Continue Reading →

Trading Journal 23rd May 2017

 - CURRENTLY NO LIVE FUNDS TRADED - FOREX AUDUSD Bear pin bar formation rejecting price above the resistance zone indicating bearish movement from here. FOREX USDCAD Bullish Pinbar formation off the 50MA which may indicate bullish momentum again in line with long term trend. However it still has to breakthrough the previous support/resistance area. FOREX... Continue Reading →

Trading Journal 22nd May 2017

Spent a little time researching spread betting stocks and shares again, as I had trained for previously. Seeking platforms in order to do this on and from advice in forums, it seems IG.com has platforms with the widest range of stocks and shares freely available. Previously I used eSignal software which was nice to use,... Continue Reading →

Trading Journal 21st May 2017

 - CURRENTLY NO LIVE FUNDS TRADED - FOREX AUDUSD Price Setup on 18th May: Sell Stop @ 0.7406: Stop Loss @ 0.7467 Price on 19th: Low @ 0.74061 - Depending on spreads of dealer, this trade may have been triggered, which later strengthened past my stop loss level. Assuming this trade was triggered, this would... Continue Reading →

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