These are so good ! Some motivational quotes.

Forex traders dont have Blue Mondays we have blue weeks !

Everyone thinks they've got it, but behind close doors they still frustrated. It takes time and over 10 000 hours learning from the correct mentor. Once you've achieved that, come speak to me

Whether you invest 2 years into learning Forex trading or not, that two years will still pass you by. Don't be afraid of new opportunities. So long you have a roof over your head and food to eat

Never let greed dictate your trading decisions; let strategy be your guide

Losses are just the tuition fee you pay for a Forex education.

Trading is a numbers game; the more you learn, the better your odds become.

In the world of Forex, knowledge is your most powerful currency.

Share your success stories ! We would love to hear them

"propulsion blocks" in the context of order block theory for trading. A propulsion block is a candle or bar that trades down into a previous down candle or bullish order block and acts as price support for further upward movement. It is characterized by quick and sudden price movements away from it, with little drawdown.

"breakers" and "failure swings." Breakers occur when the market makes a higher high, then fails and breaks down, often trapping traders. Failure swings involve a situation where the market tests a resistance or support level but cannot make another pass through it.

Avoiding the "Cycle of Doom" and Succeeding in Forex Trading

Forex trading is a complex and challenging endeavor, and it's not uncommon for traders to fall into what the speaker in this video calls the "Cycle of Doom." In this blog post, we'll explore the key reasons why many traders struggle in the forex market and how you can avoid this cycle by setting realistic expectations and gaining confidence in your trading strategy.

The "Cycle of Doom":
The "Cycle of Doom" is a repetitive pattern that many traders find themselves in. It typically begins with enthusiasm and optimism but ultimately leads to disappointment and frustration. Here's a breakdown of the cycle:

Starting with a Strategy: Traders begin with a trading strategy, which may be self-developed, borrowed from a successful trader, or purchased online.

Initial Success: In the early stages, traders often experience success, making profits and feeling confident about their strategy.

Losses and Doubt: However, losses are inevitable in trading, and when they occur, doubt creeps in. Traders may start tweaking their strategy to recover their losses.

Cycle of Tweaking: Traders keep making minor adjustments to their strategy in response to wins and losses. The cycle of tweaking continues, leading to confusion and a lack of faith in the original strategy.

Constant Strategy Changes: Frustration eventually causes traders to abandon their original strategy and search for a new one, only to repeat the cycle.

The "Holy Grail" Fallacy:
The biggest misconception many traders have is the belief in a "Holy Grail" strategy that guarantees success. The reality is that no such strategy exists, and this fallacy perpetuates the cycle of doom.

Avoiding the "Cycle of Doom":
To avoid falling into this cycle and increase your chances of success in forex trading, here are some key steps to follow:

Backtesting: Gain confidence in your strategy by thoroughly backtesting it with historical data. Understand how it performs in both winning and losing periods.

Realistic Expectations: Understand that trading is not a get-rich-quick scheme. Be realistic about what you can achieve in the forex market and set achievable goals.

Avoid Over-Leveraging: Resist the temptation to over-leverage your trades. High leverage increases the risk of losing your capital quickly. Stick to responsible risk management practices.

Conclusion:
Forex trading can be a rewarding endeavor, but success requires dedication, realistic expectations, and a disciplined approach. Avoid the "Cycle of Doom" by gaining confidence in your strategy through thorough backtesting and understanding the realities of trading. By doing so, you'll be on your way to becoming a successful forex trader.

Remember, there are no shortcuts or magic solutions in trading, but with the right mindset and approach, you can achieve your goals over time. Good luck with your trading journey!

"Mastering Reversal Trading: 3 Signs to Boost Your Profits"

Introduction:
In the world of trading, knowing when a trend is over can be the key to making profitable trades. By recognizing three crucial signs, you can improve your trading skills and increase your chances of success. In this blog post, we will delve into these three signs and demonstrate how to use them in a reversal trading strategy. By the end of this article, you will not only be familiar with the signs but also understand how to apply them to achieve better targets and place profitable reversal trades.

Sign 1: Major Level of Structure on a Higher Time Frame
The first sign that a trend might be coming to an end is the identification of a major level of structure on a higher time frame. Whether you are trading on a shorter time frame like the 4-hour chart or a more extended one like the daily chart, the key is to locate a significant level of support or resistance. This level should have been tested multiple times and is likely to act as a barrier to price movement. In the example given, we look at the four-hour chart with a daily chart as the higher time frame.

Sign 2: RSI Overbought or Divergence
The second sign to watch for is related to the Relative Strength Index (RSI). On your higher time frame chart, observe the RSI indicator. If it crosses the overbought threshold (usually above 70), it suggests that the current trend may be exhausted. However, for a more accurate prediction of a trend reversal, look for RSI Divergence. Divergence occurs when the RSI indicator forms lower highs while the price continues to make higher highs. This discrepancy indicates a potential trend reversal.

Sign 3: Candlestick or Chart Pattern
The final sign is either a Candlestick pattern or a chart pattern on your trading time frame. If you're in a long trade, look for a bearish pattern like a double top, indicating that the uptrend may be ending. For short trades, search for a bullish pattern like a double bottom, suggesting the downtrend's conclusion. In the example, we focus on a double top pattern in the four-hour chart, which aligns with the first two signs.

Reversal Trading Strategy: CEST
Now that we've covered the three signs of a trend reversal, it's time to create a comprehensive reversal trading strategy. We'll use the CEST acronym, which stands for Conditions, Entry, Stop, and Target, to build a rules-based approach for trading reversals.

Conditions:

Identify a major level of structure on a higher time frame.
Observe RSI on the higher time frame for overbought or divergence.

Look for a Candlestick or chart pattern on the trading time frame that indicates a trend reversal.

Entry:

Enter the trade when selling pressure is evident, such as an engulfing candle.
Stop:

Place the stop loss one times the Average True Range (ATR) indicator above the highest point of the reversal pattern.
Target:

Determine the target by identifying the next major level of support or resistance on the higher time frame.
Monitor the RSI on the trading time frame and exit the trade if it goes overbought (in the case of a long trade) or oversold (for a short trade).

This rules-based strategy allows for a systematic and disciplined approach to trading reversals, increasing the likelihood of successful trades.

Conclusion:

Mastering reversal trading requires a keen understanding of when a trend is likely to end. By recognizing the three key signs and implementing the CEST strategy, you can make more informed trading decisions, set precise targets, and increase your chances of profitability. Remember that consistency and discipline are essential in trading, so follow your rules-based strategy diligently. Whether you're a beginner or an experienced trader, these principles can help you navigate the markets with confidence. Good luck with your future trades!

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Let your job motivate you. A job is there for you to build capital, not for you to base your life around.

There's nothing in this world like trading. Period

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Unveiling the Game-Changing Mindset Shifts in Forex Trading

Embarking on a Forex trading journey can be both thrilling and daunting. As I delved deeper into this complex world, I encountered several mindset shifts that completely transformed the way I approached Forex trading. In this blog post, I want to share with you the invaluable lessons I've learned along the way, which have empowered me to become a more successful and confident trader.

Learning one concept and mastering it.

When I first started trading, I was overwhelmed by the vast array of strategies, indicators, and techniques available. However, I soon realized that trying to learn and implement everything at once was counterproductive. Instead, I decided to focus on mastering one concept at a time. By immersing myself in the intricacies of a single strategy or technique, I gained a profound understanding of its nuances and was able to apply it more effectively in my trades. This approach enabled me to build a solid foundation and boosted my confidence in navigating the Forex market.

Sticking to one Forex trading pair.

The Forex market comprises numerous currency pairs, each with its own unique characteristics and behavior. It is tempting to constantly switch between charts, seeking new opportunities and trying to outsmart the market. However, this approach often leads to confusion and hampers progress. Personally, I spent three years focusing solely on GBPUSD, and it proved to be a game-changer. By honing my skills and becoming intimately familiar with the intricacies of this particular pair, I developed a deep understanding of its patterns and trends. I learned that trading more than one pair can be counterproductive, often leading to gambling-like behavior or fear of losing. Concentrating on a single pair allows you to develop expertise, identify high-probability trades, and make more informed decisions.

Stick to one mentor.

Throughout my trading journey, I encountered countless mentors, each with their own unique approach and perspective on Forex trading. It can be tempting to hop from one mentor to another in search of a "secret formula" or quick success. However, I soon realized that true mastery comes from consistency and sticking with one mentor who aligns with your trading style and philosophy. By dedicating myself to learning from a single mentor, I cultivated a deeper understanding of their methods, gained insights into their experiences, and developed a more refined approach to trading. Remember, there are no secrets in Forex trading, only tried-and-true methods that have stood the test of time.

Conclusion:
Embarking on a Forex trading journey requires a resilient mindset and a commitment to continuous learning and growth. By adopting these transformative mindset shifts, I witnessed a remarkable improvement in my trading performance and overall success. Remember to focus on mastering one concept at a time, stick to a single Forex trading pair to develop expertise, and find a mentor whose methods resonate with you. Embrace consistency, remain dedicated, and watch your trading journey flourish. Now, armed with these invaluable mindset shifts, you are well-equipped to navigate the Forex market with confidence and precision.

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Nothing makes sense, how do people live with an Income below 15k per month. Yes surely it's a lot of money when you broke or unemployed but when you always at work, you incur so many expenses that it keeps you in a constant chase. One small unforeseen event can leave months of savings in the mud. The system is broken and it's my life mission, help people one day escape the worse feeling of hopelessness. I know what it is to have nothing and I wouldn't wish that feeling upon anyone.

Watch the fake news this week or so that's going to take GBPUSD to the stratosphere and tank the dollar

Hard work and dedication is free !

First you have to visualize your trade. Once you have that you start refining. Validating what you have. I'l post a tradingview chart I made a while back by what I mean. This how you avoid letting your emotions control you. Because how many times have you said " But I was that direction ". The markets job is to prove you wrong even when you're rite.

https://www.tradingview.co...

Your life will walk out under you, try new things & push yourself even when nobody else is looking. Do it for you, do it well. The rest will follow. Forget the naysayers and those who push you down because of a little detour. It's alright to get stuck in life, just don't get stuck in your mind. It's the only thing you can control.

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Pips all day :D , Markets are wild but not unpredictable.

I look back at my mistakes, we all learn. But, never give up on your vision. It might take 3 years or even 4 years.

Capital is the life blood of any venture. If you do not have Capital you have nothing. You have to Risk some!