Tips to ensure your long term success in the currency market

• Plan every trade on paper before entering it
• Set clear goals : daily, weekly, monthly, yearly
• Journal every trade
• Master the basics, and practice key skills to build competence
• Stick with what you know, don’t try anything fancy without being comfortable first
• Keep a journal to build on success and learn from mistakes
• Monitor yourself and develop yourself
• Study and learn continually with focus on full comprehension
•  Manage your money and risk constantly
•  Keep your pride and ego in check, they won’t make you money
•  Keep a clear head and listen to it, but don’t get caught up in emotions. Stay objective.
•  Keep your awareness high, especially regarding time. This is a marathon not a sprint.
• Keep respect for the market, yourself, and your money.
• Think every trade all the way through, including all possibilities.
• Review your trades, your journal, your goals, and your milestones on a regular basis. Build on success and avoid the same mistakes.
•  Do your trading in an organized place and adhere to your policies and this success sheet
• Run your trading the same way you’d run your business. It is YOUR BUSINESS.

Consolidation Breathes Advanced Patterns

Hello traders, I just wanted to share the chart with you just to show that there are always opportunities in the market if you know what you are looking for as you may have noticed the EURUSD along with many of the major currency pairs have not been doing too well through out the month of August even going into September where we thought that volatility was going to increase and the market would pick up. Well, nonetheless, those who trade advanced patterns have been smiling to the bank. We had 5 advanced patterns back to back on the 240 mins chart within an area of consolidation. 2 Bat patterns, 2 Gartley patterns and 1 Cypher pattern with all of them except the first bat pattern hitting target one and target two. Please take note that this is a higher time frame. (Swing trading Timeframe). If you were to drop down to a lower time frame, you would definitely have gotten more opportunities.
If you are interested in learning more about this stuff send me an e-mail or drop a comment below.
 Thank you.