January 2019

The Pounds Latest Drop Due to Brexit Deal Amendments Rejected

We have been observing caution about committing to any direction or apparent entry for GBP Pound pairs. Each day can bring new surprises all caused by the uncertainty and fear being generated in politics. One can hope those in charge might eventually be able to come to an agreement and get something done. https://www.dailyfx.com/forex/market_alert/2019/01/29/Brexit-Latest-GBP-Falls-After-Favored-Deal-Amendments-Rejected.html

Australian Dollar is Setting Up For Its Next Move Later.

As you can see the NAB Business movement is so far, insignificant compared what might happen tomorrow or at the next breakthrough with China trade talks. According to the charts, this news is not significant and the Aussie is waiting for more important news. https://www.dailyfx.com/forex/market_alert/2019/01/29/Australian-Dollar-Slips-On-NAB-Business-Gloom-Trade-Talks-Eyed.html

U.S. Government Reopens For Now, and Markets Could Move.

Although, I don’t see any advance in the stock market as I am looking at the charts on 1/28 12:03 Hong Kong/Perth time, this article says markets advance. Maybe the “global” markets are not referring to the U.S. yet. https://www.cnbc.com/2019/01/27/reuters-america-global-markets-stocks-advance-after-u-s-government-reopens-for-now.html

Motivation and Discipline are all that is Needed For Success in Trading.

In order to get to the next step motivation and discipline are always required but even more so, the people who succeed in trading usually have an exceptional amount of motivation and discipline. How do people get these two qualities? Usually, these come from having experienced intense pain which causes the brain to then focus …

Motivation and Discipline are all that is Needed For Success in Trading. Read More »