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james1254 replied Nov 2, 2018The original post was made back in 2007, they are probably aware at this point when to expect the Non-Farm Payrolls.
Next NFP date?
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james1254 replied Nov 1, 2018EUR/AUD broke out below 1.5900 and continues falling, next target is likely at 1.5800.
EUR/AUD
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james1254 replied Oct 31, 2018The pair is currently consolidating sideways above the support at 1.5950, the move to the downside towards 1.5900 will likely continue.
EUR/AUD
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james1254 replied Oct 30, 2018I agree. To trade well you need to be calm just as much you need knowledge and experience.
Trader Mentality & Psychology
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james1254 replied Oct 29, 2018It is always good to have talent, but what one lacks in talent they can always compensate with skill, if they have the patience and dedication to develop it and that applies to anything you choose to do, not only trading.
Trader Mentality & Psychology
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james1254 replied Oct 27, 2018It bounced off on 1.6030 on Friday but next week the move to the downside towards 1.6000 will likely continue.
EUR/AUD
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james1254 replied Oct 26, 2018Silver is still retracing to the upside for now, next target may likely be around 15.00.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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james1254 replied Oct 24, 2018I think this is more of a hen and egg situation, because the same can be said about having the strategy but not the psychology to make use of it fully.
Trader Mentality & Psychology
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james1254 replied Oct 23, 2018In my opinion both are important. You may have a good strategy, but if your fears are precluding you from following it the results won't be positive.
Trader Mentality & Psychology
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james1254 replied Oct 22, 2018The other big obstance is, in my opinion, fear. Those are two driving emotional forces for a lot of traders, and knowing how to curb your impulses and trade rationally is immensely important.
Trader Mentality & Psychology
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james1254 replied Oct 19, 2018The pair is at the support at 1.6090 and it is quite bearish so there will likely be a breakout below that level. If there is, next target will likely be around 1.6000.
EUR/AUD
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james1254 replied Oct 18, 2018Silver found some support at 14.45 but it may still break out below that level. If it does next target is likely at 14.00.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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james1254 replied Oct 17, 2018That is a very detailed and useful advice. Judge trades on a case by case basis while still keeping your strategy in mind.
Delayed Gratification
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james1254 replied Oct 16, 2018Silver is still consolidating below 14.90 and it has formed a double top at that level so a new move to the downside is likely.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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james1254 replied Oct 15, 2018I try to avoid trading in the late hours of the night. I am not fully awake, my decision-making is affected by that, so I'd rather miss out on a trade than trade in that condition.
Mental and Physical Health in Trading
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james1254 replied Oct 12, 2018A good quality screen (or screens) as well as glasses with protective coating can significantly reduce the eye strain from working at a computer all day, but excercise and fresh air are still immensely important.
Mental and Physical Health in Trading
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james1254 replied Oct 11, 2018Not a lot, in my opinion. Standing in one place for hours on end can be very exhausting. Many traders do, however, exercise often.
Mental and Physical Health in Trading
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james1254 replied Oct 10, 2018Silver is still consolidating sideways around 14.30, I won't open another short position before there's a breakout below that level.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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james1254 replied Oct 9, 2018I agree. If you were following your trading plan your SL was placed where it was placed for a reason. Don't be impatient and close positions too early.
Delayed Gratification
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james1254 replied Oct 8, 2018Silver is testing the support at 14.30 and it is still quite bearish, it will likely break out below that level to reach 14.00 - 13.90.
XAU/USD & XAG/USD - Gold & Silver Traders Thread