Let's See How The First Rule Of Success Works!
Believe It Or Not, There Is An Automatic Success Mechanism Working Behind The Scene, Either In Your Favor Or Against You. I Want To Show You What It Is And How It Works.
Let Me Show You, In A Simple Step By Step Way, How To Set Goals And Successfully Achieve Them And How To Turn On The Automatic Success Mechanism And How To Put It Into Work To Actually Help You To Achieve Your Goals
Passive Cashflow Generators I Use!
Technical Analysis The Easy Way!
We Need Different Type Of Education!
Skills that we learn in school, college and university only prepare us to get a job and having an income. Earning passive money requires totally different set of skills that unfortunately are not taught at school. That’s why we normally see people with high grades in school become high paid employees, but still struggle financially whereas most of the rich people have not even finished high school. People like Bill Gates, Mark Zuckerberg, Buckminster Fuller have been expelled from university but…
Quicker Than What I Thought!
Yesterday was very great and there was nice moves in many currency pairs. I got some nice profits and my targets were hit. Though in usdjpy, I didn’t expect a very fast and sharp move down and I was initially planned to enter again and have a longer target but, price hit my target. I will have an eye on usdjpy in the next days and if I see a good opportunity, I will enter again. .
Gold and Silver are acting very good and a nice bullish move is forming. I have one position in silver still. In Gold, price it my profit target and I got out of the wave. I will definitely look into Gold in the next days to get in again. .. [caption id=”attachment_1419″ align=”aligncenter” …
That’s a question every trader must answer before taking any risk trading. Though it never comes that fast. Generally, trading is like any other profession. Trader must have some skills in trading or the technicalities. There are many things that a trader should learn and know, no matter what market he wants to trade and some specific things about that market as well.
This is an example of missing to check all time frames before entering a trade. I entered only by seeing the weekly chart and didn’t fine tune my entry by looking at daily chart. This is the weekly chart. A very good pin bar is formed and candle has crossed the emas. though I must have entered at the close of the pin bar and that would be a much better entry.
This is the daily chart and as it’s pretty obvious, there is no signal present. and as daily is my main time frame, I made a deadly mistake taking this trade.
This is a trade I took in daily time frame in XAUUSD or Gold vs US Dollar.
This signal was generated by my first system. The entry signals are as follows: 1. Candle must open above both ema=3 and ema=8. 2. Candle must close below both ema=3 and ema=8. 3. Stochastic (14,3,5) must be in Overbought area and crosses down. Upon opening next candle, I entered. Stop Loss was at High of the Candle that crossed emas. The R/R is 1/3.
I entered again at the break of candle below both emas in H4 timeframe. But, the candle formed a pin bar.
1. Signal Accuracy: 90%. I entered exactly as the signals, but a …
When it comes to money and economy and becoming wealthy, It seems most of the people have a vague idea about how economy system works. They only look at interest rate in the dollar amount that they have to pay back, which is actually right, but they really don’t have any idea how the government steals their wealth by injecting inflation into the system. In this post I want to explain what inflation is and how it works in very simple way so everybody with any amount of knowledge understands it and uses it in his/her advantage.
A little on history of inflation
in the old days, before we have Federal reserve (FED) or any central banks, the price of the goods and services was determined by the supply and demand in the market. Though in short periods of time, kings …
There are many books on personal finance today that explain and promise to show you how to get rich through spending less, saving more, investing and …. . But perhaps none said it better than a book published in 1937. Napoleon Hill, who lived through Great Depression and was an author and former advisor to President Franklin D. Roosevelt, interviewed “more than five hundred of the most successful men this country has ever known” to figure out the key to their good fortune. Andrew Carnegie was the man who advised Napoleon on finding the secret to success and teach it to people. The first draft of the book was 6 volumes and about thousand pages which was very hard for many to read all of it. So, he wrapped all of his insights in a 200-page package and published “Think and Grow Rich,” which went on to become one of the …