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FOREX TRADING πANALYSIS πSIGNALS πCOACHING...(Coming up) Admin : @baronngarnaissem Learn True SMC
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There is no important economical announcements today
You can also check the Economic Calendar here: https://www.fastbull.com/apzcalendar to stay updated on key economic events that could impact your trading decisions.
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I'm keeping an eye on AUDUSD as well. Before telling you the reason why AUDUSD may be interesting to trade this week, tell me what you think about AUDUSD?
https://youtu.be/i99ZXotmy_A
Good morning everyone, i have uploaded a new video, it's a simple WEEKLY ANALYSIS (XAUUSD AND USDJPY) based on technical and fundamentals.
I've been using Fastbull for all my fundamental analysis, make sure to check it out for your fundamental analysis
FastBull supports up to 64 charts per tab, completely FREE forever.
Real-time quotes for forex, crypto, and US stocks are also entirely FREE.
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The Market is ranging since the beginning of August without breaking any significant structure. This is because many banks and companies employees go on summer vacation between July and August. It's great time to have a little break as well and come in September
What I leant is that You should worry more about a winning streak than losing streak. A losing streak makes you work harder to improve but a wining streak makes you usually become overconfident and it's just a matter of time before you blow your account in the next trade.
My hell started once I got funded. I was in a terrible losing streak for 3 weeks in row, my account was in free fall : -7/8% overall drawdown (4,645$/4,600$). Reason? I became overconfident after passing the challenge so fast and I started not following my trading plan but I respected at least my risk management that's actually what saved my account. Then I took a break for few days to reset my mind and discipline then I took my account from -7% drawdown to +3% profits and get this payout yesterday. Not a big payout but the history behind this journey is incredible.
+1
I got this payout from Fundednext yesterday, but the way to this payout was a true hell. I bought this 5k 2 steps challenge from Fundednext one month ago, I passed phase 1 in 4 days, and phase 2 in 6 days, my win rate in both phases was over 70%. It was a quite remarkable performance. My hell started after getting funded π
The Fed is under huge pressure to cut rates as soon as possible. Signifying a weaker dollar in the coming days.
Fundamentals analysis give the direction of the market, and SMC or any other technical analysis gives you entry and exit point. A video about fundamental analysis is coming soon. Stay tuned
