In Forex trading, success is not just about mastering technical analysis or understanding the market. One of the most crucial aspects often overlooked is the psychological side of trading. Emotions play a significant role in influencing decisions,...
I just bought my new house with my forex income. They asked for a larger down payment though, because it's not "stable income". Good thing I had already sold my previous house quickly for cash to...
TRADING CHART ON USD/CHF DAILY. The USD-CHF exchange rate is currently facing a bullish trend that is encountering the 50-day moving average (MA 50) as the lowest dynamic resistance level. This is an interesting situation because the overall trend...
PK-HERO TRADING JOURNAL UPDATE ON GOLD 1. Pre-Trade Analysis General Trend (Ichimoku): When starting this morning's analysis, the gold price was slightly above the Kumo (Cloud), indicating a bullish but rather weak condition. Tenkan-sen (fast line)...
The US dollar rose slightly during the morning hours on Wednesday, signaling a potential challenge to the 200-day EMA. A break of this key moving average would likely lead to a test of the ¥150 level, which is seen as a significant target for...