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DAY 6 - IMPORTANT TRADING GUIDELINES

alifari Updated 6 Mar.  in #Trader's blog #Trading #Important #Guidelines
Here are some important trading guidelines I highly recommend to fellow traders, who wants to achieve success in this business.
  1. Never trade so big that you end up watching every price tick even though you are not a day trader.
  2. Don’t trade so big you dramatically increase your pulse rate or get the sweats.
  3. Each trade should only be one of your next one hundred. Never risk more than 1% of your trading account on one trade based on your stop loss.
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DAY 11 - IMPORTANT NEWS EVENTS FOR COMING WEEK

alifari Posted 11 Sep.  in #News #Trader's blog #Week #Important
Being a technical trader doesn't necessarily means we have to completely ignore fundamentals while trading. Although my trade signals are purely based on technical analysis, but I make sure to be aware of what news is coming out for a particular pair, so that I don't get whipsaw by volatile price movement.
Here are some important news for coming week and the outcome of these news could have some impact on price movements of these currencies.
Monday, September 12
Japan is to release data on core…
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DAY 16 - IMPORTANT NEWS EVENT THIS WEEK

alifari Posted 16 May  in #News #Trader's blog #Event #Important
Another trading week started and some important news event lined up mainly from US & UK.
On Tuesday we have UK CPI and last time we have seen improvement from 0.3% to 0.5%. Analysts expect this month's CPI to show further improvement, as such GBP is expected to inch higher if CPI come as expected.
Right after above news event, we have US CPI scheduled and recent retails sales data as well as consumer confidence beat analysts expectations. As such CPI is expected to show improvement too.
On Wedne…
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