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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Sunday, 26 May 2013

KEEP DISCIPLINE AND PATIENCE

When you have clearly find your trading methodology, then you must have the discipline to follow your system. A Lack of Discipline in this regard is the main fatal flaw because most of the time the markets are not trending in one clear direction. The formula for success is...

Natural gas futures - Weekly outlook: May 27 - 31

Natural gas futures ended Friday’s session lower, as investors sold contracts to lock in gains from an impressive rally that took prices to the highest level in more than three weeks.On the New York Mercantile Exchange, natural gas futures for delivery in July shed 0.6% on...

USD/JPY Outlook May 27-31

To call the past week in USD/JPY “volatile” would certainly be an understatement. The pair reached new highs only to crash in erratic moves. Speeches by the governor of the BOJ, retail sales and inflation data are the main events this week. Here’s an outlook for...

GBP/USD Outlook May 27-31

The pound showed some movement in both directions, but ended the week with very modest losses, as GBP/USD close at 1.5122. The upcoming week is very quiet, with just four releases on the schedule. Here is an outlook of the events and an updated technical analysis...

EUR/USD Forecast May 27-31

Eur/Usd managed to recover an remain resilient in a week that saw a lot of turbulence. Can the euro remain stable or will the talk about the next moves of the ECB weigh on the euro? German retail sales, inflation  and employment data in Germany and the Eurozone are the...

Forex - Weekly outlook: May 27 - 31

The dollar ended the week mixed against the other major currencies on Friday, falling to lows of 100.67 against the yen amid speculation over an earlier-than-expected end to the Federal Reserve’s asset purchase program.On Wednesday, Fed Chairman Ben Bernanke said a decision...