rfxsignals April 24, 2019 No Comments

DAILY FREE FOREX SIGNALS FOR 24-04-2019: сигнал форекс ежедневно

USDCHF SELL-1.01905
SL-1.02275
TP1-1.01746
TP2-1.01534


GBPCHF SELL-1.31753
SL-1.32152
TP1-1.31562
TP2-1.31375

USDJPY SELL-111.796
SL-112.167
TP1-111.594
TP2-111.391

CHFJPY BUY -109.847
SL-109.391
TP1-110.036
TP2-110.218

GBPAUD SELL-1.83487
SL-1.84124
TP1-1.83269
TP2-1.83042

EURGBP BUY-0.86791
SL-0.86463
TP1-0.86957
TP2-0.87089

GBPCAD SELL-1.73881
SL-1.74235
TP1-1.73670
TP2-1.73495

 

Result will come soon 

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rfxsignals April 22, 2019 No Comments

best free forex signals for 22-04-2019: сигнал форекс ежедневно

USDCAD SELL-1.33592

SL-1.34061

TP1-1.33394

TP2-1.33193

 

EURAUD BUY -1.57552

SL-1.57156

TP1-1.57743

TP2-1.57919

 

GBPJPY SELL-145.363

SL-145.745

TP1-145.195

TP2-145.028

 

AUDCAD SELL-0.95315

SL-0.95792

TP1-0.95126

TP2-0.94924

 

GBPCAD SELL-1.73463

SL-1.74027

TP1-1.73228

TP2-1.72997

 

GBPNZD SELL-1.94509

SL-1.95137

TP1-1.94325

TP2-1.94139

 

EURCAD SELL-1.50155

SL-1.50544

TP1-1.49949

TP2-1.49767

 

CADJPY BUY -83.795

SL-83.374

TP1-83.998

TP2-84.303

 

GBPUSD SELL-1.29901

SL-1.30386

TP1-1.29707

TP2-1.29530

Result will come soon 

Yesterday USDCAD SELL SIGNAL Reaches Target 1 and we got 20 pips profit now 🙂

Yesterday EURAUD BUY SIGNAL Reaches Target 2 and we got 40 pips profit now 🙂

Yesterday GBPJPY SELL SIGNAL Reaches Target 1 and we got 18 pips profit now 🙂

Yesterday AUDCAD SELL SIGNAL Reaches Target 1 and we got 18 pips profit now 🙂

Yesterday GBPCAD SELL SIGNAL Reaches Target 1 and we got 22 pips profit now 🙂

Yesterday GBPNZD SELL SIGNAL Reaches Target 2 and we got 38 pips profit now 🙂

Yesterday NZDJPY SELL SIGNAL Reaches Target 1 and we got 18 pips profit now 🙂

rfxsignals April 21, 2019 No Comments

The Best Forex Trading Strategy in the World

If someone asked me to describe my trading strategy in afew words as possible, it would bethis; horizontal levels and price action. Indeed, trading price action setups from horizontal levels is the “core” component of my trading theory and strategy, and if you were to take away only one thing from my website it would be that you can learn to trade the market effectively by simply drawing the core levels on your charts and waiting for obvious price action signals to form around them.

After you finish reading this lesson, leave a comment, like it on facebook, tweet it on twitter and share it with others. 🙂

Why are horizontal levels so important?

If you want to learn to trade a “naked” price chart, you’ll need to learn about two things at minimum; price action and horizontal levels. Everything in the market starts with a horizontal line; this is the back-bone of my trading approach as well as the trading approach of many other great traders. Indeed, traders like George Soros, Warren Buffet, Jesse Livermore and others, all pay (paid) close attention to the key levels in the market, because they know that these levels are significant and can thus have a strong impact on the direction of price.

Horizontal levels help with timing and they provide “value areas” that can help you define your risk by giving you a price level to place your stop loss beyond. I have been a disciplined trader of levels combined with price action for years; probably about 80% of my trades involve an obvious “core” horizontal level combined with a price action signal. Horizontal levels provide us with a confluent area to trade from, but they are not the only factor of confluence that I look for; the more factors of confluence you have lining up with a price action signal the better. However, I do consider horizontal levels to be the “core” piece of confluence in my trading strategy and I want to show you guys some examples of how I use horizontal lines and price action to trade the markets. Ready? Let’s go…

Examples of trading with horizontal lines and price action signals:

I teach a plethora of price action trading confirmation signals in my course that I combine with levels and the trend, here’s a few examples of how I trade price action signals with obvious horizontal levels in the market.

• Trading horizontal lines in trending markets with price action from “swing points”

My favorite way to trade with horizontal lines is to trade them in trending markets from swing points. As markets trend, they create horizontal levels as they ebb and flow, these levels are what I call “swing points”, and we can find very high-probability trade setups by watching for price action forming from these swing points in the market.

Look at the illustration below, note how the market is trending higher and as it makes new highs it also creates resistance when it falls away from these highs, then as it pulls back the previous high / resistance actually turns into support (swing point). Thus, old resistance becomes new support in an uptrend, and in a down trend old support becomes new resistance, also known as swing points.

The way that we take advantage of these horizontal level swing points, is to watch for price action strategies forming near them as the market pulls back. Look at the blue circles in the illustration above, these are the swing points at which you want to watch for obvious price action signals forming, then you are trading from a confluent point of “value” within a trending market.

• Trading horizontal lines in range-bound markets with price action

Another excellent way to trade horizontal lines in the market is to simply watch for price action setups forming near the boundaries of a range-bound market. Unfortunately, markets do not always trend like we want them to, instead, they often swing between support and resistance in a trading range. Fortunately, trading with simple price action setups allows us to trade in any market condition, so we can still find high-probability trade setups even in range-bound market conditions.

In the illustration below we can see an example of what a range-bound market might look like. When price is obviously bouncing back and forth between a horizontal support and resistance level, we can wait for price to hit one of the boundaries of the range and then watch for price action signals forming there. This provides us with a very high-probability entry scenario and a very simple trading strategy. It also gives us obvious levels to define our risk and reward. Risk is defined just beyond the trading range high or low from the boundary you are entering near, and reward is defined near the opposite end of the trading range.

• Trading “event area” horizontal lines with price action

Event areas are horizontal lines that can be very high-probability areas to watch for price action setups forming near. Essentially, when a major price event occurs in a market, like an inside bar breakout or a pin bar reversal, price creates an “event area” at this horizontal level. You will notice that these event areas are significant most of the time because price will often stall or reverse as it re-tests them.

In the illustration below we can see an example of the creation of an event area as well as how it could subsequently be traded. Essentially, any price action signal can create an event area if it sets off a substantial move from the event area / horizontal level. In the example below we can see an inside bar breakdown occurred and then price came back and re-tested this event-area / horizontal level. As price re-tests the event area we would watch closely for price action signals, as the formation of a price action signal at an event area is a very high-probability event.

However, event areas also provide us with the ability to enter without confirmation from price action. This is a more advanced strategy that I teach in my price action trading course, but it is possible to enter “blindly” at the event area as price comes back to re-test it, that is to say without confirmation from price action.

• Real-life examples of trading price action at horizontal levels

Finally, I wanted to show you guys a real chart of the EURUSD and analyze its recent price action and horizontal levels to show how you could have used simple horizontal levels with price action to trade the market.

1) Note the trading range that the EURUSD was in for about 3 months earlier this year. Price was bouncing back and forth between resistance near 1.4550 and support near 1.4100 – 1.4000. We didn’t get a lot of signals in this range, but there were at least three good pin bars that formed off the support of the range that traders could have made some very good money on.

2) Next, as the trading range formed and the pin bars developed along support, we got an event area forming around 1.4100 – 1.4000. As price began to move lower from the top of the trading range before it broke out, it formed a long-tailed pin bar and then an inside bar right at this event area. Thus, a break of the pin bar low meant a break of the event area and we can see a significant move followed.

3) Next, we can see an inside bar and a pin bar setup that formed as the market trended lower. These setups both formed at horizontal levels and we can see they resulted in large moves to the downside that provided good risk reward ratios for savvy price action traders

In closing, trading horizontal levels with price action signals is the primary technique that I use to analyze and trade the market. It is essentially the “foundation” of my trading strategy and I believe it truly is the “simplest trading strategy in the world”, as well as the most effective. It is obvious that horizontal levels are very important in the market, and by combining them with my price action strategies you have a very effective and simple trading strategy

rfxsignals April 21, 2019 No Comments

Way to Price Action Trading

Beginners Introduction To Price Action Trading

Price Action Trading Explained

price action trading

1- The Definition Of Price Action

2- Trading with “Messy” Vs “Clean” Forex Charts

3- How to identify trending and consolidating markets

4- How to trade Forex with Price Action Trading Strategies

5- How to use chart confluence and Price Action Signals

What is Price Action ?

Basic Definition: Price Action Trading (P.A.T.) is the discipline of making all of your trading decisions from a stripped down or “naked” price chart. This means no lagging indicators outside of maybe a couple moving averages to help identify dynamic support and resistance areas and trend. All financial markets generate data about the movement of the price of a market over varying periods of time; this data is displayed on price charts. Price charts reflect the beliefs and actions of all participants (human or computer) trading a market during a specified period of time and these beliefs are portrayed on a market’s price chart in the form of “price action” (P.A.).

Whilst economic data and other global news events are the catalysts for price movement in a market, we don’t need to analyze them to trade the market successfully. The reason is pretty simple; all economic data and world news that causes price movement within a market is ultimately reflected via P.A. on a market’s price chart.

Since a market’s P.A. reflects all variables affecting that market for any given period of time, using lagging price indictors like stochastics, MACD, RSI, and others is just a flat waste of time. Price movement provides all the signals you will ever need to develop a profitable and high-probability trading system. These signals collectively are called price action trading strategiesand they provide a way to make sense of a market’s price movement and help predict its future movement with a high enough degree of accuracy to give you a high-probability trading strategy.

“Clean” Charts vs. “Messy” Indicator-laden Charts

Next, to demonstrate the stark contrast between a pure P.A. chart and one with some of the most popular forex indicators on it, I have shown two charts in the examples below. The chart on the top has no indicators on it, there’s nothing but the raw P.A. of the market on that chart. The bottom chart has MACD, Stochastics, ADX and Bollinger Bands on it; four of the most widely used indicators AKA “secondary” analysis tools as they are sometimes called:

The image example below shows a clean price chart, with no mess, and no indicators, just pure price bars:

pa1

The image example below shows a messy price chart, with lots of clutter, indicators and mess:

messy

It’s worth pointing out how in the indicator-laden chart you actually have to give up some room on the chart to have the indicators at the bottom, this forces you to make the P.A. part of the chart smaller, and it also draws your attention away from the natural P.A. and onto the indicators. So, not only do you have less screen area to view the P.A., but your focus is not totally on the price action of the market like it should be.

If you really look at both of those charts and think about which one is easier to analyze and trade from, the answer should be pretty clear. All of the indicators on the chart below, and indeed almost all indicators, are derived from the underlying P.A.. In other words, all traders do when they add indicators to their charts is produce more variables for themselves; they aren’t gaining any insight or predictive clues that aren’t already provided by the market’s raw price action.

Examples of some of my favorite price action trading strategies:

Next, let’s take a look at some of the price action trading strategies that I teach. Note that I’ve included a “failed” trade setup because not every trade will be a winner; we aren’t here to show you “perfect” past trading results…we are here to teach you in an honest and realistic manner.

In the image example below, we are looking some of my favorite P.A. trading strategies:

intropa1

How to determine a market’s trend

One of the most important aspects of learning to trade with P.A. is to first learn how to identify a trending market versus a consolidating market. Trading with the trend is highest-probability way to trade and it’s something you HAVE TO learn how to do if you want to stand a chance at making serious money as a trader.

The charts below shows how to use price dynamics to determine a markets trend. We consider a market to be in an uptrend if it is making Higher Highs and Higher Lows (HH, HL) and a downtrend is Lower Highs and Lower Lows (LH, LL).

In the image example below, we can see how higher highs and higher lows signal an up-trend in a market:

uptrend

In the image example below, we can see how lower highs and lower lows signal a down-trend in a market:

downtrend

Trending VS. Consolidating markets

As we discussed earlier, P.A.or “price action trading analysis” is the analysis of the price movement of a market over time. From our analysis of price movement we can determine a market’s underlying directional bias or “trend”, or if the market has no trend it is said to be “consolidating”…we can easily determine whether a market is trending or consolidating from simply analyzing its P.A.. We saw how to determine a market’s trend above, to determine if a market is consolidating we just look for an absence of the HH, HL or LH, LL patterns. In the chart below note how the “consolidating price action” is bouncing between a horizontal support and resistance level and is not making HH, HL or LH, LL but is instead going sideways…

The image example below shows a market moving from a consolidation phase to a trending phase:

gbpusd1

How to Trade Forex with Price Action Trading Strategies

So how exactly do we trade Forex with price action? It really boils down to learning to trade P.A. setups or patterns from confluent levels in the market. Now, if that sounds new or confusing to you right now, sit tight and I will clarify it soon. First we need to cover a couple more things:

Due to the repetitive nature of market participants and the way they react to global economic variables, the P.A. of a market tends to repeat itself in various patterns. These patterns are also called price action trading strategies, and there are many different price action strategies traded many different ways. These reoccurring price patterns or price action setups reflect changes or continuation in market sentiment. In layman’s terms, that just means by learning to spot price action patterns you can get “clues” as to where the price of a market will go next.

The first thing you should to begin P.A. trading is to take off all the “crap” on your charts. Get rid of the indicators, expert advisors; take off EVERYTHING but the raw price bars of the chart. I prefer to use candlestick charts because I feel they convey the price data of the market more dynamically and “forcefully”, if you are still using classic bar charts and want more info on candlesticks then checkout this candlestick trading tutorial.

I like simple black and white charts the best, as you can see below. In metatrader4 you simply right click on the chart and adjust the “properties” of the chart to get it looking like mine below. If you want more info on how to setup your MT4 trading platform checkout this metatrader 4 tutorial.

After you’ve removed all the indicators and other unnecessary variables from your charts, you can begin drawing in the key chart levels and looking for price action setups to trade from.

The image example below shows examples of some of the trading strategies I teach in my forex trading course. Note the key support / resistance levels have been drawn in:

pa2

How to trade price action from confluent points in the market:

The next major step in trading Forex P.A. is to draw in the key chart levels and look for confluent levels to trade from. In the chart below we can see that a very obvious and confluent pin bar setup formed in the USDJPY that kicked off a huge uptrend higher. Note that the pin bar trade setup showed rejection of a key horizontal support level as well as the 50% retrace of the last major move, thus the pin bar had “confluence” with the surrounding market structure…

In the image example below, we can see a pin bar setup that formed at a confluent point in the market:

pa3

All economic variables create price movement which can be easily seen on a market’s price chart. Whether an economic variable is filtered down through a human trader or a computer trader, the movement that it creates in the market will be easily visible on a price chart. Therefore, instead of trying to analyze a million economic variables each day (this is impossible obviously, although many traders try), you can simply learn to trade price action, because this style of trading allows you to easily analyze and make use of all market variables by simply reading and trading from the P.A. trail they leave behind in a market.

rfxsignals April 21, 2019 No Comments

The 4 Pillars of Forex Trading Success For Beginners

Most people make trading far more complicated than it needs to be. Whilst it isn’t ‘easy’ to succeed at trading, it is a lot easier if you boil it down to its core components. If you do that, there are really only four pieces of the ‘puzzle’ that you need to focus on. If you’re spending time and energy focusing on anything other than these four pieces, you’re simply complicating the trading process and moving further off the path to success.

In this lesson, I wanted to take a simple stripped-down look at the four most basic pillars of trading. For anyone who has gotten off track and lost a lot of money, or for those of you who are new, this article will be extremely helpful for getting focused on what truly matters in trading…1. Trade Entry Strategy

The first thing to say about trading strategies, is just that you need a simple one. Many traders don’t even really know what their strategy is or cannot easily define it, because they are trying to combine a bunch of different messy methods together. This is wrong and confusing and it’s the first reason why you’re likely not making money in the market.

So, the first thing you need to is learn a simple trade entry strategy that allows you to find high-probability entries into the market. I obviously recommend that you learn the price action strategies I teach in my trading course. But whatever strategy you learn, the most important thing is to commit to one strategy and master it to the point of having no question about when you should enter the market and when you shouldn’t.

There’s an old saying that goes something like, “Success happens when preparation meets opportunity”. If you are not properly prepared and know what your entry strategy is and when it’s present, you will not be able to take advantage of the best opportunities in the market when they arise. You don’t want to lose money in the market just because you were unprepared.

Once you’ve decided on your strategy, let’s say it’s price action, you need to then define exactly what your entry strategy is and write out your entry setups…make a trading plan. Something like this: “This is how I will enter the market…” then describe the setup briefly with a picture of a prime example of this setup.

Then, the hard part: Only enter the market if that (your setup) happens. Which leads me perfectly into the second core component of trading that you need to master…2. Discipline

I like to think of discipline as the ‘glue’ that holds every aspect of your trading approach together. You will need to master discipline in order to stick to your entry strategy, money management strategy and exit strategy. Patience and discipline are basically the same thing in regards to trading; you have to be patient to wait for the best trades and you need discipline to be patient. So, we could just say you need discipline to wait patiently for the best trades; you cannot have patience without discipline, and you need both, so just focus on discipline.

Don’t make discipline complicated, and don’t over-think it. It’s really just about having mastered your trading strategy and then having the discipline to wait for the market to give you good a chance to execute your strategy.

Discipline also means you don’t interfere with your trades much, if at all, after you enter them. As I discuss more in-depth in my recent lesson the key to lasting trading successthe goal is to execute your trading edge (entry strategy) over and over, each time you see it form, and let it play out over that series of trades…that is how you let your trading edge work for you. If you start playing around with it too much (interfering after entering), you will basically be negating your edge. Ironically, it’s much harder for most people to simply enter a trade and walk away from it for a day, than it is to sit there and over-analyse it and do something stupid to it that ultimately causes you to lose money over the long-run.

It takes discipline to stick to your trade entry strategy, to ignore your trades after you enter them, to stick to your money management strategy and it to stick to your exit strategy, that means all of these things are not ‘easy’, but if they were, everyone would be a successful trader. So, you’ve got to do what most people aren’t able or willing to do if you want to succeed at trading; you’ve got to master your own ability to be self-disciplined.3. Money Management

Next, comes money management. This includes risk management, how much you fund your account with and what you do with profits if you attain them.

The first step is to pre-define your risk per trade. You need to be TOTALLY confident in what you’re risking per trade…you have to literally not care about the money you’re risking on any one trade. This is crucial. You also need to be sure you have enough risk capital in your account so that you can let your trading strategy play out over a series of trades. Otherwise, you won’t give your trading strategy a real chance to work in your favour.

A good starting point would be making sure you have enough money in your account to enter 40 trades of the same dollar risk amount. For example, if you have $3,000 in your account, you could risk $50 per trade and even if you lost 20 trades in a row you’d still have $2,000 left and the possibility of another 20 trades or more. However, if you lose 20 trades in a row and believe you’re sticking to your trading edge…it’s probably not working, or you aren’t actually being disciplined and sticking to your edge. The point here is, you need enough money to act as a ‘buffer’ against getting emotional about anyone trade…

If you have a trade on and you know there’s only $50 at risk of your $3,000 starting amount, it won’t be a big deal for you if you lose. You can go to sleep knowing that even if it hits your stop loss overnight, you will wake up with $2,950 left in your account and you’ll still have at least 19 more ‘bullets’ left before you even lose a third of your starting amount.

The key to managing risk so it doesn’t contribute to emotional trading is two-fold:

  • Don’t’ start with money you can’t afford to lose. This is in regards to what you initially fund your account with. If you don’t have any money you can’t afford to lose, then don’t trade live until you do.
  • Don’t risk an amount per trade that you aren’t comfortable with. The easiest way to gauge this is to put a sample trade on and see if you can really just walk away for 12-24 hours and not feel the ‘urge’ to check it. You will have to dial-down your dollar risk per trade until you hit this dollar amount that doesn’t ‘spike’ your emotions and keep you checking your trade all day and / or up at night.

Once you start making profits, don’t just compound them in your trading account forever. Withdrawal some each month, I recommend at least 50% of them. There’s no reason to keep excessive money in your trading account, and when you ‘bank it’, it feels more real to you and so you’re less likely to give your profits back to the market.4. Trade Exit Strategy

Finally, just as you need an entry strategy, you need an exit strategy. I have found that far less traders have trade exit strategies than have entry strategies. Ironically, it may be even more important to have a pre-defined exit strategy or plan, than an entry strategy.

When traders don’t have an exit strategy in place prior to entering a trade, they usually exit with far less profit than they otherwise would have, or they make no profit on a trade that was up over 2 times their risk at one point. Maintaining discipline is a lot easier if you have a plan of how and when you will exit a trade, as opposed to just ‘winging it’ as most traders do.

How you exit a trade will depend partly on market conditions at the time you enter. For example, if there’s a strong trend in place, you may elect to exit a trade with a trailing stop loss or perhaps aim for a bigger risk reward like 1:3 or 1:4, rather than 1:2. Conversely, in a range-bound market you would look to exit near the boundaries of the range or aim for a smaller risk reward like 1:1.5 or 1:2. The point is this; you need to predefine how you will ideally exit your trade before you enter, otherwise you’re basically just ‘driving with no destination in sight’, and in order to get to where you want to go, you have to first know where it is you’re going.

rfxsignals April 21, 2019 No Comments

Forex Trading As A Business – Our Step By Step Guide

You have all probably heard that you need to treat trading as a business if you want to be successful. But what does this actually mean? Instead of letting it be just another meaningless phrase, let’s take a deeper look to fully understand it.

The ideas behind “treating trading like a business” are very important to get you on the right track and after we have taken a look at the different aspects, I am sure you will get some ideas on how to take your trading to the next level and treat it more like a business.

Your setups are your products and services

Every business has either physical/virtual products or services to sell in order to generate profits. The business, hopefully, knows everything there is to know about their products, where it is from, how it is built, what the benefits are, what the potential struggles are, how to keep improving their product, what their customers want, and how to use it in the best possible way. The business must be the #1 expert in what they are offering. Obviously.

As a trader, your setups and your strategies are your products. Your setups are a set of rules and triggers to help you find potentially profitable trades. Whether your setups consist of classic patterns, indicators, pure price action or a combination doesn’t matter here.

What is important is that YOU must be the expert in your setups and patterns. You must know every little detail, when the setup works best, during which market conditions it doesn’t work, in which markets and timeframes to use it, how to improve the odds, how to set stops and pick targets, when to move stops and how to manage trades, when to add to a position or take some off the table, when to stay out, etc.

Most traders lack consistency and are far from being experts because they always change their approach. Do you think a business can be profitable if they’d change what they are selling every week? No!

So, really commit. In my trading, for example, I trade very specific patterns and most of my trades look very similar. This comes from years of specializing in only those setup types. For years I have been looking for the same things, patterns and price clue every single day, without deviation.

If you want to learn how to trade like me and use my strategy, take a look at our trading courses and masterclass.

Losses are costs and a part of doing business

We have all heard this phrase and I hate it. Why? Because it has lost its meaning.

Every business has costs and you need to buy material, build plants, hire workers and invest in research and marketing. But for a business, it only makes sense to spend money if you’d expect to get a return on your investment. If you hire someone without skills, blow your marketing money for the wrong target audience, buy over-priced and useless material or purchase a private jet although your company is barely profitable, should you really look at those costs as a part of doing business`?Well, obviously not.

Yes, losses are part of trading but there are losses and then there are losses.

Losses are only good if you have followed your rules and most people lose because they don’t have an approach or break their rules. Those losses are not part of trading and your trading business.

Thus, always ask yourself: was this loss my own fault (breaking rules, etc) or did I fully respect my rules and the trade just didn’t work out?

Only if you can rule out the possibility that you messed up, then a loss becomes tolerable and part of doing business.

Selling your business and retirement

I keep saying it:

Most people want to be full-time traders and trade for a living but then trade like they have to retire tomorrow.

A businessman usually opens his business because he believes in what he is doing, he has a long-term vision for his operation and he is following a self-determined lifestyle. Only very few businesses start with the goal to close down operations in 6 months and sell everything for millions of Dollars and then sit on the beach all day long and sip a cold beer. Those people are driven by the wrong motives and the failure rate is then absurdly high.

Traders must also understand that they are in it for the long term. But even more important, they have to understand the implications that come with such a vision and a long-term approach:

  • One trade does not matter. Stop stressing out about single events. You will take thousands of trades.
  • Risk should be low. A trading career is not built on a few hundred percentage annual return but on small, modest and low-risk gains. Variance is deadly and emotionally taxing if you want to do this as your profession.
  • Be patient. Learn your craft step by step and fully understand that time is on your site. It’s still worth it if it takes 5 years to become profitable.

What would the pro do?

I love this concept and you can also apply it to any other area of your life.

Professionals and the ones at the top do things differently and approach the area of expertise disciplined, organized and with conscientiousness. The next time you are about to do something, ask yourself “what would the pro do in my situation?” Would he really add to a losing trade, or widen his stop loss, or chase price, or listen to a random guy in a trading forum to bet his money, or buy into an ICO of something he doesn’t understand because he can 10x his money tomorrow? You can see where I am going with this…

Stop doing those things you know you should not be doing and start living in the pro mindset.

I know from experience that it won’t be easy and you won’t succeed all the time, but get into a habit of consciously looking at your decisions and actions and ask “what would the pro do now?” It will get you into a different mindset where you move in a better direction step by step.

Your office

Maybe it’s my German nature but I am a big proponent of having a clean and organized work environment. It will not only improve your productivity but it also signals to yourself that trading is something you take seriously. If you can, dedicate a part of your home as your “trading office” where the only purpose is trading and doing trading-related things. No Facebook and no Youtube – just trading.

I find that when I keep my office, my desk and my computer clean and organized, I work better and I enjoy it more as well. Avoid distractions and prove to yourself that trading is important to you. I don’t have my phone in my office, I block social media sites during work and I don’t watch Netflix in the background.

Remember: “what would the pro do?”

Have a plan for your business

How do you start your trading day? Do you just fire up your trading platform and start hunting trades across all timeframes?

A business usually always has a plan, businessmen know what their goal is, what their objectives are, they are prepared, they analyze costs and opportunities and they also analyze past projects and keep accurate numbers of everything that goes on.

A trader must have a plan before he starts his trading to avoid being just reactive. I sit down every weekend and every morning and I analyze all my Forex pairs, I look at the timeframes that I trade and then I create my trading ideas. I know when I want to get in, when I stay out of a market, what the price action has to look like for me to get interested and what a no-trade scenario is. For that, I use my trading plan and I also use price alerts to stay on top of things.

This is only possible, though, if you know your products and services a.k.a. your setups and strategies. It all ties together.

Once done with my trading, I write all my trades in my trading journal. I analyze how I followed my plan, if I missed something, where I went wrong, what I did well, how I could have made more money and how I could have minimized losses.

Have you ever seen a business that operates without a real plan and without analyzing how their projects worked out? No, such businesses quickly fail because you don’t have any idea where the money is coming from, where it is going and how to fix things.

Your ‘Why‘ and company statement

Every business has a mission and they usually know exactly why they are in business. Under Armour wants to do great sports apparel, Steve Jobs believed in Apple and a design-driven tech company, the IKEA founder loved building things, Mark Zuckerberg wanted to create a network for people, Thomas Edison was a passionate inventor, Elon Musk wants to take humanity to the next level etc.

When I ask traders why they are trading, I hear things like: money, Ferraris, beaches, traveling all the time, private jets and alike…

And whereas there is nothing wrong with those things in general, it just doesn’t go deep enough and once you hit your first brick wall, just being driven by money will not motivate you to push through.

Instead, think about ‘why’ you want money in the first place. Do you want to stay close to your family, see your kids grow up and work from home, work less but on more fun projects, start another business based on your passion and have trading as a side income, or are you just fascinated by the financial markets and money isn’t the objective at all?

Whatever it is, be clear about it and see how trading fits into your overall lifestyle choices. You are more likely to succeed if you really understand why you are doing things.

rfxsignals April 21, 2019 No Comments

Use less of your investment in forex to make more from it

 It is actually vital for all of traders to make sure of some good management of their businesses. You will have to use the least of your money into the business of Forex. Otherwise, things can be different to handle for all of the traders. That is not going to be good for most parts. The traders will be making trades with big orders. Even with the leverage from the margin trading system, there is no good way to make some good management. Because the losses from the traders come from the signals. At the same time, the profits also come from the signals. We are talking about the signals which will be accommodated with your trades. If the traders can make some good trends available for their trades, there will be profits. On the other hand, improper closing of the trades can bring down the potential position size. Traders will have to deal with a lot of things. Money tension or worry about losing must not add up to it. In the following, we are going to talk about it.

There will be some proper market analysis needed

As we were saying, the most important work for any kind of trade is the right market analysis. The traders will have to do it all the time. Otherwise, there will not be some good performance happening in the business. We are going to give you a simple concept. If the risk per trade is too big, you will also have to think of making more profits. That is a normal human nature to think about more profits from more investment. The currency trading business may not give you the same kind of experience in the marketplace. The traders will have to manage the signals right for their trades. And that will require some skills and knowledge about the right analysis process. We cannot assure that the working process of the pros will be right all the time. But something is better than totally nothing, right? The traders will have to learn about some proper way to manage the right position sizes.

Trade with the reputed broker

You might have a big amount of money to invest but this doesn’t mean you will trade with the low-grade broker. The professional Singaporean traders prefer options trading at Saxo since they always offer a classic trading environment to their clients. Most importantly your funds will be in the safe hands and the customer support team will solve your issues with high-level priority. Start with a small investment but learn to trade properly so that you can easily earn more money.

All of the trades will have to follow a decent risk management plan

With some quality market analysis, traders will be able to make some good management of the trades. It will be helping the traders to manage some good placement for the trades. But the right control of the trades does not end with that. Nor the proper trading business happens to be good with random risk per trade. We have mentioned a simple risking plan in the Forex trading business. But there is one thing traders will have to remember. You cannot make the trades thinking about all of the orders before every single trade. There will be a lot of time kill in that process. That is why the traders will have to maintain the business with a simple risk management plan for all of the trades.

The proper trading business also happen with long timeframe tradingApart from the right risk control and market analysis, the traders will be also helped from long timeframe. It is a way to make the market analysis work easily with long timeframe charts. Then the pips from the long trends will also delight all of the traders.

rfxsignals April 19, 2019 No Comments

DAILY FREE FOREX SIGNALS FOR 19-04-2019 : сигнал форекс ежедневно

USDCHF SELL-1.01328
SL-1.01678
TP1-1.01127
TP2-1.00883

USDJPY SELL-111.902
SL-112.341
TP1-111.711
TP2-111.509

GBPCHF SELL-1.31748
SL-1.32050
TP1-1.31506
TP2-1.31299

AUDNZD SELL-1.06884
SL-1.07224
TP1-1.06726
TP2-1.06541

AUDUSD BUY -0.71531
SL-0.71196
TP1-0.71712
TP2-0.71939

EURAUD BUY -1.57230
SL-1.56904
TP1-1.57409
TP2-1.57601

EURCAD BUY -1.50377
SL-1.50066
TP1-1.50576
TP2-1.50770

GOLD BUY -1275.79
SL-1272.40
TP1-1277.74
TP2-1279.88

AUDCAD BUY-0.95645
SL-0.95315
TP1-0.95792
TP2-0.95955

Result will come soon 

KERALA LOTTERY RESULT-Karunya Plus (KN-261)-18.04.2019

KERALA STATE LOTTERIES – RESULT

www.keralalotteries.com PHONE:- DIRECTOR OFFICE FAX www.kerala.gov.in 0471-2305230 0471-2305193 0471-2301740

Karunya Plus LOTTERY NO. KN-261st DRAW held on 18/04/2019 AT GORKY BHAVAN NEAR BAKERY JUNCTION THIRUVANANTHAPURAM

1st Prize- Rs :8,000,000/- PS 370247 (PALAKKAD) Consolation Prize- Rs. 8,000/- PM 370247 PO 370247 PP 370247 PT 370247 PU 370247 PW 370247 PX 370247 PY 370247 PZ 370247

2nd Prize- Rs :500,000/- PZ 272693 (ERNAKULAM)

3rd Prize- Rs :100,000/- PM 209402 (THRISSUR) PO 512190 (THRISSUR) PP 759135 (THRISSUR) PS 306783 (KOTTAYAM) PT 120271 (ERNAKULAM) PU 198956 (ALAPPUZHA) PW 346730 (KOZHIKKODE) PX 745136 (PALAKKAD) PY 109914 (THIRUVANANTHAPURAM) PZ 639054 (KANNUR) FOR THE TICKETS ENDING WITH THE FOLLOWING NUMBERS

4th Prize- Rs. 5,000/- 2774 2934 3497 3894 3902 4020 4514 4557 5018 5158 5631 6251 6622 7261 7513 8678

5th Prize- Rs. 2,000/- 2963 4429 6005 8339 9827 9860

6th Prize- Rs. 1,000/- 0057 0587 0754 0847 1136 1243 1272 2325 2397 2693 2806 3062 3242 3423 3491 3549 3727 3910 4609 5314 5444 5581 6187 6243 6714 6775 6897 7223 7349 8051 8320 8478 8980 9119

7th Prize- Rs. 500/- 0033 0407 0416 0522 0664 0668 0697 0745 0837 0839 1157 1247 1362 1467 1596 1927 2011 2087 2167 2202 2328 2434 2590 2733 3027 3216 3530 3710 3790 3915 3944 3970 4002 4249 4903 4938 5179 5209 5419 5769 5771 5870 6009 6047 6282 6441 6620 6729 6748 6823 6846 7140 7179 7254 7272 7447 7550 7597 7624 7978 8227 8586 8601 8693 8969 9259 9357 9398 9743 9772 9791 9843 9907

8th Prize- Rs. 100/- 0129 0147 0287 0359 0401 0461 0482 0550 0638 0760 0871 0902 0915 0951 1100 1259 1279 1322 1327 1349 1397 1411 1446 1492 1554 1675 1891 2165 2302 2321 2483 2494 2747 2939 3137 3305 3356 3695 3714 3786 3791 3868 3939 3967 4023 4097 4101 4114 4291 4411 4572 4721 4724 4822 4867 4877 4962 4967 5480 5482 5530 5551 5662 5673 5818 5875 5923 6147 6227 6261 6380 6437 6594 6601 6614 6883 6913 7015 7191 7441 7569 7576 7582 7682 7915 7937 7949 8024 8119 8248 8264 8332 8404 8451 8567 8598 8719 8741 8782 8816 8835 8894 8914 8967 9103 9167 9447 9620 9660 9812 9886 9893

The prize winners are advised to verify the winning numbers with the results published in the Kerala Government Gazatte and surrender the winning tickets within 30 days.

Next Karunya Plus Lottery Draw will be held on 25/04/2019 at GORKY BHAVAN NEAR BAKERY JUNCTION THIRUVANANTHAPURAM Sd/- NOWSHAD PM Deputy Director Directorate Of State Lotteries , Vikas Bhavan,tvm