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
How To Start Earning Passive Cashflow
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…
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. Stop loss is under the pin bar and take profit is double the stop loss at 61.6% of Fibo Retracement: Today is 09-Feb-2017 After One Week, as you can see, price has moved to my favor but still not break even. Look at the daily chart: As…
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. Trade Conditions: 1. Signal Accuracy: 90%. I entered exactly as the signals, but a little bit late. I was not at my computer when the next daily candle opened.2. 2. Money Management: I entered with one lot and with 100 pips stop loss, it’s $1000 risk to my…