We often donโt notice that our actions are irrational, and personal abilities are deeply hidden in the subconsciousness, ยซclosedยป ๐ซ by previous negative experience ๐, psychological complexes โ ๏ธ, or simply imposed by ๐ญ someone else's opinion.
There are many methods for overcoming such psychological blocks ๐ง. We offer the most simple, free, and effective one โ the technique of positive affirmations. ๐กFind a lot of great examples in the attached photos!
More affirmations are in the article: https://bit.ly/328ffNo
There are many methods for overcoming such psychological blocks ๐ง. We offer the most simple, free, and effective one โ the technique of positive affirmations. ๐กFind a lot of great examples in the attached photos!
More affirmations are in the article: https://bit.ly/328ffNo
We smashed it! Stop scrolling and check out yourself.
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VSB has cut the mustard with its Online Strategy Tester!
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GBP confidently holds the third place ๐ฅ in financial turnover after USD and EUR. The currency is characterized by high and unstable volatility which requires rigid money management!
The base GBP/USD pair shows high liquidity for almost the entire trading day ๐, but before the opening of the European session, GBP trading volumes are small.
Cross pairs with GBP have a high correlation between adjacent currencies such as AUD, NZD and JPY, EUR and CHF. Such pairs are useful for trading in the price channel and in breakout strategies. โ ๏ธ It is necessary to conduct a thorough fundamental analysis of both assets included in the cross rate.
๐ก Recommended trading strategies: medium-term and short-term trend, intraday scalping.
More info on GBP: https://bit.ly/3lp7BqN
The base GBP/USD pair shows high liquidity for almost the entire trading day ๐, but before the opening of the European session, GBP trading volumes are small.
Cross pairs with GBP have a high correlation between adjacent currencies such as AUD, NZD and JPY, EUR and CHF. Such pairs are useful for trading in the price channel and in breakout strategies. โ ๏ธ It is necessary to conduct a thorough fundamental analysis of both assets included in the cross rate.
๐ก Recommended trading strategies: medium-term and short-term trend, intraday scalping.
More info on GBP: https://bit.ly/3lp7BqN
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A hybrid indicator Traders Dynamic Index was created by the usual trader Dan Malone and is based on the classic tools (RSI, Bollinger Bands, and Moving Average).
The indicator performs a full-fledged market analysis. With the TDI, you can estimate:
โข Trend Directions
โข Trend force and the range of volatility
โข Critical overbought/oversold zones
โ ๏ธ The TDI indicator is recommended to use on assets with stable volatility โ major currency pairs and base crosses. The working period should be not less than H1-H4, confidence in signals on timeframes less than H1 is low.
The TDI indicator is quite effective as an independent tool for trend analysis and is also used in conjunction with other indicators and filters to create more reliable trading systems.
๐ Full article on TDI: https://bit.ly/2QSOnvx
The indicator performs a full-fledged market analysis. With the TDI, you can estimate:
โข Trend Directions
โข Trend force and the range of volatility
โข Critical overbought/oversold zones
โ ๏ธ The TDI indicator is recommended to use on assets with stable volatility โ major currency pairs and base crosses. The working period should be not less than H1-H4, confidence in signals on timeframes less than H1 is low.
The TDI indicator is quite effective as an independent tool for trend analysis and is also used in conjunction with other indicators and filters to create more reliable trading systems.
๐ Full article on TDI: https://bit.ly/2QSOnvx
FALSE TRADING GOALS
1๏ธโฃ ๐ ๐ผ๐ป๐ฒ๐ ๐ฎ๐ ๐๐ต๐ฒ ๐บ๐ฎ๐ถ๐ป ๐ด๐ผ๐ฎ๐น. The desire to make a profit is quite reasonable, but money should not be the only goal. Your goal is to get a stable profit in any market.
2๏ธโฃ ๐ฃ๐ฒ๐ฟ๐๐ผ๐ป๐ฎ๐น ๐ฎ๐บ๐ฏ๐ถ๐๐ถ๐ผ๐ป๐. The destructive desire to be the best (to earn more than others, to prove something to someone) can become a threat even for experienced traders. The cure for this problem should be sought in psychology and control of emotions.
3๏ธโฃ ๐ก๐ผ๐ป-๐ฐ๐ผ๐บ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ด๐ผ๐ฎ๐น๐ ๐๐ถ๐๐ต ๐๐ต๐ฒ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐. All trading goals must be adaptive because the market is volatile. Those ideas, methods, strategies that worked yesterday can become ineffective under the new conditions.
1๏ธโฃ ๐ ๐ผ๐ป๐ฒ๐ ๐ฎ๐ ๐๐ต๐ฒ ๐บ๐ฎ๐ถ๐ป ๐ด๐ผ๐ฎ๐น. The desire to make a profit is quite reasonable, but money should not be the only goal. Your goal is to get a stable profit in any market.
2๏ธโฃ ๐ฃ๐ฒ๐ฟ๐๐ผ๐ป๐ฎ๐น ๐ฎ๐บ๐ฏ๐ถ๐๐ถ๐ผ๐ป๐. The destructive desire to be the best (to earn more than others, to prove something to someone) can become a threat even for experienced traders. The cure for this problem should be sought in psychology and control of emotions.
3๏ธโฃ ๐ก๐ผ๐ป-๐ฐ๐ผ๐บ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ด๐ผ๐ฎ๐น๐ ๐๐ถ๐๐ต ๐๐ต๐ฒ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐. All trading goals must be adaptive because the market is volatile. Those ideas, methods, strategies that worked yesterday can become ineffective under the new conditions.
The Momentum indicator has always been regarded as an excellent gauge of the market strength. Visually, it represents a curve, the fluctuations of which make it possible to predict the moment of a trend reversal. ๐ โคด๏ธ
Like any oscillator, Momentum gives an incorrect response to the speculative price swings, e.g., during the news period or at the opening/closing of trading sessions.
It means that for high efficiency, the Momentum indicator must be carefully tested for the specific conditions: trading asset, volatility, period, the influence of the fundamental factors.
โ ๏ธ The indicator cannot be used for scalping. Its forecasts only make sense for long-term trading and only as part of an integrated trading system. For example:
โข Momentum + Envelopes
โข Momentum + MA
โญ More info on the Momentum parameters and trading signals: https://bit.ly/3hfC736
Like any oscillator, Momentum gives an incorrect response to the speculative price swings, e.g., during the news period or at the opening/closing of trading sessions.
It means that for high efficiency, the Momentum indicator must be carefully tested for the specific conditions: trading asset, volatility, period, the influence of the fundamental factors.
โ ๏ธ The indicator cannot be used for scalping. Its forecasts only make sense for long-term trading and only as part of an integrated trading system. For example:
โข Momentum + Envelopes
โข Momentum + MA
โญ More info on the Momentum parameters and trading signals: https://bit.ly/3hfC736
๐ฆ๐บ The Australian dollar is an ideal asset for intraday or medium-term trading, but not for scalping: speculation on the Aussie requires special caution, but it can also be very profitable with strict money management.
The most liquid Aussie assets are AUD/USD, AUD/JPY, AUD/NZD and EUR/AUD. Their volatility is always confirmed by real volumes, and the spreads for these currency pairs are quite reasonable. The peak of activity is observed during the Asian trading session.
The main AUD/USD pair is seriously influenced by national statistics (GDP, inflation, unemployment, CPI, PMI), as well as similar data from the USA, Japan, China, statements and comments by officials in these countries.
๐ AUD/USD lends itself perfectly to classic technical analysis, steadily fulfilling standard graphic patterns, support/resistance levels.
Classic trending strategies are a priority for AUD assets, and the simpler, the more reliable.
๐ Here you can find more info on AUD: https://bit.ly/3cecLlh
The most liquid Aussie assets are AUD/USD, AUD/JPY, AUD/NZD and EUR/AUD. Their volatility is always confirmed by real volumes, and the spreads for these currency pairs are quite reasonable. The peak of activity is observed during the Asian trading session.
The main AUD/USD pair is seriously influenced by national statistics (GDP, inflation, unemployment, CPI, PMI), as well as similar data from the USA, Japan, China, statements and comments by officials in these countries.
๐ AUD/USD lends itself perfectly to classic technical analysis, steadily fulfilling standard graphic patterns, support/resistance levels.
Classic trending strategies are a priority for AUD assets, and the simpler, the more reliable.
๐ Here you can find more info on AUD: https://bit.ly/3cecLlh
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Hurry up to get an additional 10% discount on any product on the website: https://bit.ly/3b1LYIu
โจYour magic coupon code is WEDFTNESS2309
The offer is valid for 24 hours!
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We would like to get to know you better and learn about your experience with Forex Tester. Help us to become the best for you!
You, in turn, can ask us about any Forex Tester capability and get a detailed answer. In gratitude for the time spent, you will also receive a special discount on any product you want!