by dleeadmin | Mar 7, 2022 | Blog
Timeframe: hourly chart Instrument: a major currency pair Time: open at the start of a new candle – whenever you identify a signal/opportunity Risk/Reward: 16 pips SL and 40 pips TP Don’t close a trade before SL or TP is reached Position size: 50k Take 10 trades...
by dleeadmin | Feb 17, 2022 | Blog
The fundamentals give us the reasons: Russia/Ukraine unrest, Interest rates, Inflation, Supply chain disruptions, COVID fears….these are some of the reasons why a currency will move/trend in a particular direction. And these reasons will dictate supply and demand,...
by dleeadmin | Jan 27, 2022 | Blog
I guess we have to qualify the question. For pleasure (and pain for sure) nothing beats the excitement and intensity of having a wager on a sporting event. Whether it’s your team or not, the adrenalin and excitement is magic! However, as a business with a goal of...
by dleeadmin | Jan 9, 2022 | Blog
Trading is an unconventional business, in that doing more does not equate to making more. Overtrading is one of the most common mistakes made by all traders, particularly new traders. And it’s understandable because your broker is encouraging you to take more...
by dleeadmin | Nov 30, 2021 | Blog
As I’ve said so many times, yes we need a strategy and we must always look to improve our market analysis. The markets are constantly changing as geo-political and economic circumstances are in a constant state of flux. We always have to be aware of live market...
by dleeadmin | Nov 12, 2021 | Blog
Here’s what we have learned: there is an inverse relationship between gold and the dollar. Strong USD = weak gold. Weak USD = strong gold. Well, its 2021 and it looks like we have to relearn. This past week we’ve seen the USD Index rally to break resistance (94.58...
