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Currency Market Guide That Will Work For Anyone

Money. It's what drives people to achieve more, reach higher and fight for what they deserve. It fuels our society and yet, causes immeasurable heartache if you don't have any. What does it take to get money? Investing is one avenue you can take to gain profits, but only if you know what it takes to do it right, so read on.

Keep in mind that there is a variety of stocks available. Compared to bonds, commodities, real estate and certificates of deposit, stocks might seem like a singular venture, but within the stock world there are many options. Common divisions within the stock market include specific sectors, growth patterns and sizes of companies. Stock investors routinely discuss things like small and large caps and growth versus value stocks. It is good to learn the terminology.

Companies with wildly popular goods or services that seemed to gain visibility overnight should normally be avoided. Instead, wait to see if the business does well in the long term, or it could easily lose its value as quickly as it found it. You might want to stick to reliable products instead of fads when choosing stocks.

When picking stocks, find a strategy you enjoy and stick with it. For instance, you may choose to ignore the market's behavior for the most part and focus only on a company's earnings potential. Once you settle on a personal set of rules, you can seek out prominent investors or financial gurus who share your philosophy, and you can learn from them.

Whatever your original investment portfolio size might be, and no matter how large your end goals are, you can do it. The insight you now have, after reading this article, hopefully, has given you the power to take your financial future into your own hands and mold it into everything that you have dreamed of. Now all you have to do is to just do it!

Tracking Demand and Supply l Oversold to Overbought

As I have mentioned in my previous blog posts that We just indeed need one clue of rejection in ultra motion strong trends to trigger the entry with the trend, Even though the past rallies are strong enough, Which could be a part of "Exhaustion".

Currently I have tracked as such activity in Recent Intra day setup which is worth watching as I have seen Institutions or Strong Money selling it right from the top till pause and then selling activity resume.

That's a fact that at the time of writing this post price had already rallied 30 pips from 0.8860 to 0.8830 and that is how consciousness has a part to play in Intraday trading.

Five Qualities Of Successful New Traders

"In your opinion what are the starting qualities needed to be a great trader?"Let's not complicate the process, because different kinds of trading require different skill levels. For example, many of the best hedge fund portfolio managers have superior analytical skills and abilities to detect setups that retail traders can't. Many of the best market makers have an uncanny speed of mental processing and level of concentration that enable them to stay on top of order flow throughout the day. This is why I emphasize, that matching one's style of trading to one's strengths--talents and skills--is an essential component of success.

If I had to identify qualities that distinguish "starting qualities" that are important across all traders, the following come to mind:

1) Capacity for Prudent Risk-Taking - Successful young traders are neither impulsive nor risk-averse. They are not afraid to go after markets aggressively , when they perceive opportunity;

2) Capacity for Rule Governance - "Successful" young traders have the self-control needed to follow rules of stress-battle, including rules of position sizing and risk management;

3) Capacity for Sustained Effort - Successful young traders can be identified by the productive time they spend on trading--research, testing systems, preparation, work on themselves,Consciousness--outside of market hours;

4) Capacity for Emotional Resilience - All young traders will lose money early in their development and experience multiple frustrations. The successful ones will not be quick to lose self-confidence and motivation in the face of loss and frustration,which gives them edge over emotional traders;

5) Capacity for Sound Reasoning - Successful young traders exhibit an ability to make sense of markets by synthesizing data and generating market and trading views. They display patience in collecting information and do not jump to conclusions based on superficial reasoning or limited data.

Finally, I would say that successful developing traders approach their work with a kind of humility. They don't know it all and they don't pretend to know it all. They absorb wisdom from mentors and markets, and they are quick to acknowledge when they're wrong, so that they can get out of bad positions and learn from their experience. Show me a stubborn young trader with a defensive ego, and I'll show you one who will fight his or her learning curve every step of the way, with predictably poor results.

If you want to identify potentially successful young traders, look at their trading journals and gauge the amount of time they spend behind the screen. The good ones will have detailed entries about markets and about themselves, with constructive ideas, goals, and feedback. The less successful traders will have sparse entries that display little effort or analysis, with no goals, no constructive direction. The good ones watch markets closely, even when not trading. The less successful ones find little reason to watch markets if they don't have a position.

Effort alone won't make a trader successful, but lack of it will almost certainly ensure failure.

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Price Action Basics Educations purpose

Strong holders vs weak holders

Ok, now if we have distinguished weak holders from strong holders. And what we really have to do - we want to know, at least to assume what professional players are doing. By professional players I mean dealers or institutions that have to consistently deal with big volumes and give their clients at least average good fills. Institutional activity When we are talking about institutional activity, we are talking about strong holders. That guys have almost unlimited buying power at their disposal, but it doesn't mean that they want take money from you, they usually have large order from their clients. It not always means that they want to purchase from weak holder, squeeze them and hunt for their stops. They just want to accumulate position not squeezing price against themselves. First of all, if you look at this chart, how do think, where (on what prices) institutional player was buying (if he was buying at all here)?

Expected answer is that they were buying at lower level. But think about their volumes. They are big enough, and they simply would not have enough liquidity to build a position there. They usually have to accumulate - to buy several times, to absorb somebody's sell orders. Otherwise they will not have enough liquidity and make prices grow immediately So, their buying will be distributed within whole trading range:

And the first clue of institutional activity is acummulation on moving market (rising or falling market). They don't have enough order flow going down to absorb, so they have to squeeze prices a bit, but nevertheless they have good average price, not the worst of the period. It's a wave-like process. It ends with a breakout