Market Summary – A strong bearish / downtrend remains intact whilst the market is contained under technical resistance at 1.1840 area. Price lost slight ground last week in what was a pretty quiet week. We could see a short-term bounce this week but we expect sellers to move in near resistance levels.

Market Summary – A strong bearish / downtrend remains intact whilst the market is contained under technical resistance at 1.1840 area. Price lost slight ground last week in what was a pretty quiet week. We could see a short-term bounce this week but we expect sellers to move in near resistance levels.

This tutorial will demonstrate several of the core ways I use intraday chart timeframes to provide additional confirmation to daily chart signals as well as manage risk, manage position size and improve the risk reward of a trade.

Market Summary – A strong bearish / downtrend remains intact whilst the market is contained under technical resistance at 1.1840 area. Price lost slight ground last week in what was a pretty quiet week. We could see a short-term bounce this week but we expect sellers to move in near resistance levels.

This lesson is about real-world mental thought processes that professional traders use to succeed not just in trading, but in life. I'm going to show you what pro traders think and how they act that allows them to achieve massive success in the markets. We are going to go over specific thought processes and mental routines that you need to start practicing and mastering. I'm going to give you some exercises you can start working on today, to get real results. The key for you is going to be, sticking to them, religiously, day in and day out. The primary divide between a newbie trader and a professional, is their trading mentality. In fact, the difference between successful people and those still struggling in any field or endeavor, is mentality.

EURUSD - Summary – A strong bearish trend remains in the EURUSD whilst market is contained under technical resistance at 1.1838-50 area. Price has retraced modestly higher last week but expect sellers to move in near resistance levels.

You might be shocked to hear this, but there aren't many differences between you and a professional hedge fund manager. The only real differences are the balance of your trading account and your ability to control yourself.

Note: – It’s imperative you are trading with a broker that offers New York Close Charts, (a true 5 day chart that aligns with the New Zealand open and New York Close) you can download a Free 30-day Trial of the Broker & Charting Platform We Use HERE. Disclaimer: Nial’s views and comments on the following markets and charts is […]

By analyzing and following the footprint left behind as the price action develops over time, we can read what is happening on a chart, what has happened and what might happen next. Reading a chart is not just about "technical analysis", it's about understanding and making use out of the psychology of the market that is 'hidden' in the price bars. In this lesson, you will discover what reading the charts bar-by-bar and then using that to get a bird's eye view, will do for your trading...

Note: – It’s imperative you are trading with a broker that offers New York Close Charts, (a true 5 day chart that aligns with the New Zealand open and New York Close) you can download a Free 30-day Trial of the Broker & Charting Platform We Use HERE. Disclaimer: Nial’s views and comments on the following markets and charts is […]