Hello, you know trading is risky, before trading please read the risk waring.
You are responsible for any decision you do in the markets. Below reflects just my personal opinion is no advice to trade.
for upcoming week there might be interesting opportunities coming up.
First we see the Cable GBPUSD pair started a consolidation last week. The consolidation might still take some time. Maybe on Tuesday, Wednesday the market is prepared for another short entry.
The canadian dollar was pretty weak last week. Maybe there is coming up further opportunities to go a long. But before going long the starting consolidation must need to indicate a reversal in trend direction.
Another interesting pair seems to be the AUDJPY as it has not made a decision yet. The market goes in wide range with lately soft tendency of being slightly more bullish than bearish. Depending on price action coming up there can come up interesting opportunities to take some range trades.
Last but not least
Hello, this article captures your benefits you receive if you have set your goals right.
The magic about goal setting is to do it right.
First let’s look about what can go wrong on the goal setting process.
Well, the very first mistake is to not have the right motivation. Think about what drives you in hard times to proceed if you do not have the right motivation? Nothing, because the doubts and hurts in hard times are getting much bigger than your motivation. If that is the case to escape is easier that to proceed.
In other words your motivation must be the rock solid base of your goal setting process. So first step to get your goal right is to answer Why! Why do you want to be a trader? What is underlying reason to be a successful trader.
Mistake number two is to not phrase your goal specifically. Let me provide you an example: A nonspecific goal would be: “I want to be rich”. Rich of love, rich of money, rich of experience. What specifically you describe as rich? This is important that you always can look back and exactly can recognize what exactly the goal is about.
Mistake #3 is to define yourself goals that are not measurable. Let us take the example from above. How exactly you measure richt and when rich is achieved? Hard to say, right? So always define goals that are measurable. If a goal is measurable you get the advantage to always know if you are on track towards the final state.
Think about what it takes to get your goal achieved. It does not make much of a sense to define a goal that you by yourself cannot achieve. Also think about your goals if they match with your life’s’ situation. Will you get in trouble with family, friends and or colleagues?
It is always needed to check back the acceptance of your goal.
Here it comes where your goal ties into your motivation. Your goal must 100% fit into making your motivation come true. The goal will not persist for long if your goal goes totally into the wrong direction. Think about it well to build up your goals based on your motivation.
Ensure that at a planned point of time you come to an end with your goal. By that I mean that by planned horizon you finish your project and define a new goal. Like that you ensure you stay motivated by closing a chapter and at the same moment you open a new exciting one.
The goal setting criteria above are borrowed from the project management arena and follow the SMART concept. Do you guess it what SMART stands for? Look it at how it does all make sense. Go ahead and use it as well.
All the best,
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My services provides the possibility to establish your own trading business from scratch.
My mission is to provide you tools & techniques to stabilize your performance at the markets.
Your benefit is to receive guidance developing a business process from a business process professional. Combined with a strategy to trade the financial markets underlying optimmized risk & moneymanagement rules provides a professional toolset to stabilize/optimize your trading edge. All this you receive in 1 on 1 coachings. In total 5 coachings are for free.
Coachings are held 1 on1 through Skype or Google Hangouts. This guarantees best practice for both of us.
Additionally the trader coaching framework contains two areas, knowledge and discipline, that are important and totally under your responsibility. Of course, there is advice given but execution is on you. To simplyfy and structure that my trader coaching program follows five simple process steps.
By completing the fifth step with the result of an after trade management process we close the coaching.
Let me wrap up thing: Having completed our free trader coaching program you received
All that I provide to you for free if you agree to our conditions.
Any questions left you address using Skype Call/Chat Button placed in the right menu.
All the best and meet you soon!
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