The goal with this post is to teach you tell/teach you how I chart the markets. I have been using these basic charting techniques for a very long time and if you find value in them too, and if they help you as much as they help me, then my goal will be achieved.
Having the right mindset matters in anything you do, some of the essentials of successful trading which fall under the mindset category are focus and motivation but without training, everything is useless.
Let me explain, in this basic metaphor, why training is importa...
I already gave you guys excellent reasons why the JPY will weaken against the AUD in a post earlier this week. The trade idea is not yet profitable but since we are heading for 4 digit pip returns we will have to wait a few weeks.
I had a wild weekend so I am double thinking my actions today after I made a few mistakes over the weekend. (lost my wallet on Friday, I left it on top of my car and I drove off... worst Friday of the year!)