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DAY 3 - WEEKLY REVIEW OF TRADES

Although I prefer to spend quality time with friends and family on weekends. In recent times, I take out couple of hours on Saturday's and made a habit of reviewing and replaying recording of trades made during the week with a focus on:
1) What you missed and specifically why
2) What you did well and how you can do more of it
3) What you did badly and how you can prevent it happening again and also whether you can turn it to your advantage by doing the opposite
There is zero chance any trader ev…
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DAY 21 - EURUSD WEEKLY ANALYSIS

EURUSD didn't quite hit my sell zone at 1.2625 but was trounced today in early European session losing more than 150 pips off its highs at 1.2540 in the wake of a very dovish speech by Mario Draghi, wherein he stated that ECB must be very watchful that low inflation does not filter into the economy in a negative way and reaffirmed the notion that its was essential for ECB to bring inflation to target without delay.
It appears that the ECB is keen on driving the EUR/USD rate towards the 1.2000 le…
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verindur avatar
verindur 22 Nov.

You are spot on. The USD keeps on rising. So does EUR if they keep it unchanged. Their is a policy clash between the Eurozone and USD. )))

alifari avatar
alifari 22 Nov.

Yes, there is complete contrast in policy between ECB & Fed's. While US has wind down their stimulus and thinking about raising interest rates in near future, Europe has initiated extra stimulus to lift their economic growth.

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DAY 11 - WEEKLY REVIEW OF TRADES

Although I prefer to spend quality time with friends and family on weekends. In recent times, I take out couple of hours on Saturday's and made a habit of reviewing and replaying recording of trades made during the week with a focus on:
1) What you missed and specifically why
2) What you did well and how you can do more of it
3) What you did badly and how you can prevent it happening again and also whether you can turn it to your advantage by doing the opposite
There is zero chance any trader ev…
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VictoriaVika avatar

Great advice for life in general, thank you, Ali :)

JuliaBF avatar
JuliaBF 12 Oct.

Thats very true

ANABEVZ avatar
ANABEVZ 12 Oct.

True post)  Sorry that learn from the mistakes is not always possible on the first mistake.

alifari avatar
alifari 12 Oct.

ANABEVZ ........ Your best teacher is your last mistake

peachynicnic avatar

thanks for your advice, informative and inspiring !

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DAY 3 - Succinct Summations Week Ending May 2, 2014

Being a technical trader myself I spend hours in fine tuning my technical analysis in order to predict future price reaction at different levels, zones etc. However, as a trader we also need to be aware of fundamental aspect of currencies we are trading. Here are succinct summations of events for week ending May 2, 2014
Positives:
1. April Nonfarm Payrolls came in at 288k, well ahead of the 210k expected.
2. Unemployment rate fell to 6.3%, down from 6.7% last month — lowest number in five years…
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Daytrader21 avatar

Jesse Livermore is the best:)

alifari avatar
alifari 3 May

I agree 100%, there is so much to learn from his quotes.

INFINITEisTHElimit avatar

I like Jesse Livermore , Incredible life !

DaytradeMillionaire avatar

Jesse my favourite quote source when it comes to trading, thats why I quoted him twice in my current article :)

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