Our Forex Webinars Paying Off

Dynamic traders, the weekend is over at last and another forex trading week is ahead of us.

Since our forex webinars the majority of you have been making consistent profits and that is really good to hear. A voice mail from Jaco over the weekend saying he has been in good profits two weeks in a row now was excellent news and so another happy student to add to the list of already profiting attendees. Last week, Bijal had five winning trades in a row which is further good news. Congratulations to both of you and to all who are following the rules and getting that consistency. It is good to know the webinars are paying off for many of you.

Good trading very much depends on good habits. Emotion is experienced by every trader at some point and with non educated traders or new traders having to deal with it more than most others. It is exciting when the trade goes your way but disappointment when it all goes wrong. Each time a loss is uncurred a traders confidence can take a knock and a lack of confidence makes it very difficult to trade. The opposite of that is over confidence which can appear after a string on winning trades. You start to risk more than you should on each trade and you may even start to over trade. This is common in new traders and some experienced traders.

All traders need to remove emotions from their trading. Yes this is easier said than done but following and sticking to the process we have been through on our webinars will really help. For those of you reading this that were not on our webinars and suffer from emotions, my advice is to create a trading plan for yourself and follow it. In addition, get yourself good forex education to learn how to trade the forex markets consistently.

If you are shorting the EURAUD then tighten your stops as this cross is not far from the support level and as you know we could get a pullback or reversal here be it intra day or longer. Look for a BOB for a continuation but right now make sure you manage this trade.


Advanced Get Euro Australian Daily Chart.


Dynamic Trader Forex Toolkit Daily Pivot Points.

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