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Welcome To My Blog

Welcome To My Blog

My Trading Journey So Far..

My Trading Journey So Far..

It was the summer of 2010. I attended a free seminar on Forex. They said “we are right on your doorstep in London; you shall get all the training and support you need” and showed me a fancy video of founder making money as I bat an eyelid. I took a long breath of fresh air and plunged in.  A few weeks later I completed the two-day course and thought yes, that’s it. I am on way to become a financial trader.  WRONG! It took me three months to press that bloody button and place my first trade on the currency market. OK, I might be a slow learner but eventually, I got there. I am still trading. Initially, I didn’t have the confidence to trade...

read more
Market Crash- Indices 9th March-13th March 2020

Market Crash- Indices 9th March-13th March 2020

Oh! what a week it was. 😱 On January 2020, I wrote a blog about seeing a bearish indication across all indices. In case you have missed it, read it here.  If you have read it then this would be the right time for me to get on top of a mountain and scream out aloud on social media that.... I predicted the market, I am GOD! But that won't  happen...because that is not what professional technical analyst /traders do! Besides, I have been trading long enough in the industry to be humbled by the markets. I din't predict anything. I just analysed the charts and wrote what the charts had to show us. The charts don't lie and yes, perhaps...

read more
Most Indices Faced South Today- Feb 24th 2020

Most Indices Faced South Today- Feb 24th 2020

February 24th 2020: The Dow Jones, S&P500, FTSE, Germany30 And Nasdaq all fell like a hot piece of cake.  FTSE (UK100) fell as low as its previous support levels at 7146 which was on December 5th 2019. Out of all the companies responsible for the fall were the Airlines — after the #coronavirus fears increase. IAG and TUI fell heavily.   On the plus side, gold has shot higher despite being a  seller bar.   That goes to confirm it again : When the economy falls, when recession happens .....Invest in gold.. ...But then do I want to believe in that. Let's see what the chart shows us in the coming weeks time....

read more
What is a LOT in Forex And How Its Used For Trading?

What is a LOT in Forex And How Its Used For Trading?

Currency pairs are traded in pairs. We know that by now. While placing your trade, the broker platform will ask you about "How many lots do you want to trade with"? “LOTS” represents the amount that you are buying or selling. Think of it like kilos, or pounds when you are buying vegetables or litres when you are buying gas/petrol for your car.. In the trading world, Lots are the amount you want to buy or sell. The three most common types of lots are : STANDARD . MINI .MICRO One standard lot =100,000 units of the base...

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The New Britain. Out Of  EU. Brexit.

Friday Evening: Reminder bleeps from  Alexa : Prime Minister’s Speech at 10 pm. I warp myself warm in the comfort of my home to watch Boris Johnson do a Facebook live only to turn my attention from my tablet to the television. BBC 10 o'clock news displays a light-work countdown plastered over  the wall of No.10 Downing Street. Mr. Johnson is not to be seen anywhere outside his official home. The nation witnessing every second as we proceed towards “the moment”. The technical analyst in me reflects on what this did to the Eur/USD chart. Since the time we voted yes in 2016, every news followed with a turnaround or indecision candlestick. A...

read more
My Trading Journey So Far..

My Trading Journey So Far..

It was the summer of 2010. I attended a free seminar on Forex. They said “we are right on your doorstep in London; you shall get all the training and support you need” and showed me a fancy video of founder making money as I bat an eyelid. I took a long breath of fresh air and plunged in.  A few weeks later I completed the two-day course and thought yes, that’s it. I am on way to become a financial trader.  WRONG! It took me three months to press that bloody button and place my first trade on the currency market. OK, I might be a slow learner but eventually, I got there. I am still trading. Initially, I didn’t have the confidence to trade...

read more
Market Crash- Indices 9th March-13th March 2020

Market Crash- Indices 9th March-13th March 2020

Oh! what a week it was. 😱 On January 2020, I wrote a blog about seeing a bearish indication across all indices. In case you have missed it, read it here.  If you have read it then this would be the right time for me to get on top of a mountain and scream out aloud on social media that.... I predicted the market, I am GOD! But that won't  happen...because that is not what professional technical analyst /traders do! Besides, I have been trading long enough in the industry to be humbled by the markets. I din't predict anything. I just analysed the charts and wrote what the charts had to show us. The charts don't lie and yes, perhaps...

read more
Most Indices Faced South Today- Feb 24th 2020

Most Indices Faced South Today- Feb 24th 2020

February 24th 2020: The Dow Jones, S&P500, FTSE, Germany30 And Nasdaq all fell like a hot piece of cake.  FTSE (UK100) fell as low as its previous support levels at 7146 which was on December 5th 2019. Out of all the companies responsible for the fall were the Airlines — after the #coronavirus fears increase. IAG and TUI fell heavily.   On the plus side, gold has shot higher despite being a  seller bar.   That goes to confirm it again : When the economy falls, when recession happens .....Invest in gold.. ...But then do I want to believe in that. Let's see what the chart shows us in the coming weeks time....

read more
What is a LOT in Forex And How Its Used For Trading?

What is a LOT in Forex And How Its Used For Trading?

Currency pairs are traded in pairs. We know that by now. While placing your trade, the broker platform will ask you about "How many lots do you want to trade with"? “LOTS” represents the amount that you are buying or selling. Think of it like kilos, or pounds when you are buying vegetables or litres when you are buying gas/petrol for your car.. In the trading world, Lots are the amount you want to buy or sell. The three most common types of lots are : STANDARD . MINI .MICRO One standard lot =100,000 units of the base...

read more

The New Britain. Out Of  EU. Brexit.

Friday Evening: Reminder bleeps from  Alexa : Prime Minister’s Speech at 10 pm. I warp myself warm in the comfort of my home to watch Boris Johnson do a Facebook live only to turn my attention from my tablet to the television. BBC 10 o'clock news displays a light-work countdown plastered over  the wall of No.10 Downing Street. Mr. Johnson is not to be seen anywhere outside his official home. The nation witnessing every second as we proceed towards “the moment”. The technical analyst in me reflects on what this did to the Eur/USD chart. Since the time we voted yes in 2016, every news followed with a turnaround or indecision candlestick. A...

read more

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24 RESOURCES TO FAST-TRACK YOUR TRADING JOURNEY