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Atirox.com Forex Broker - Daily Analysis - Support & Resistant

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USD/CHF: technical analysis 15.03.2019

USDCHFH415032019-1024x576.png

Current trend

On 4-hour chart, USD/CHF shows a negative dynamic and can fall further to the strong support level of 1.0009 (Murray [0/8]). A significant decrease is possible after the breakout of the level 1.0009, which can develop to the levels of 0.9979 (Murray [-1/8]), 0.9948 (Murray [-2/8]). If the “bulls” manage to raise the rate above the level of 1.0040 (Murray [1/8]), the correction can continue to the area of 1.0070 (Murray [2/8]) – 1.0083,which coincide with the middle line of Bollinger Bands.
Technical indicators maintain a sell signal. Bollinger Bands are pointed downwards. MACD histogram is in the negative zone, keeping a signal for the opening of sell positions. Stochastic is pointed downwards.

Support and resistance

Support levels: 1.0009, 0.9979, 0.9948, 0.9918.
Resistance levels: 1.0040, 1.0070, 1.0101, 1.0131.

Trading recommendations

Short positions can be opened below the level of 1.0009 with the target at around 0.9979-0.9948 and stop-loss 1.0300.
Long positions can be opened above the level of 1.0040 with the target at around 1.0070-1.0101 and stop-loss 1.0020.

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USD/CAD: technical analysis 15.03.2019

USDCADH415032019-1024x576.png

Current trend

On the 4-hour chart, USD/CAD trading with slight bearish bias and approached the key support 1.3305 (Murray [0/8]. A significant decrease is possible after the breakdown of the level 1.3305. In this case, the next targets of sellers will be the area of 1.3290 (Murray [-1/8]) – 1.3275 (Murray [-2/8]). Alternatively, breakout of 1.3343 can accelerate the pair towards 1.3366 (Murray [6/8])-1.3397 (Murray [7/8]). Technical indicators mostly keep a sell signal. Bollinger Bands are leaned downwards. MACD volumes are increasing in the negative zone. Stochastic is pointed downwards.

Support and resistance

Support levels: 1.3305, 1.3275, 1.3244, 1.3214.
Resistance levels: 1.3343, 1.3366, 1.3397, 1.3427.

Trading recommendations

Short positions can be opened below the level of 1.3305 with the target at around 1.3275-1.3244 and stop-loss 1.3320.
Long positions can be opened above the level of 1.3343 with the target at around 1.3366-1.3397 and stop-loss 1.3325.

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EUR/USD: technical analysis 15.03.2019

EURUSDH415032019-1024x576.png

Current trend

On 4-hour chart, EUR/USD is trading above the middle line of the Bollinger Bands and can grow further to the levels of 1.1322 (Murray [3/8]) and 1.1352 (Murray [4/8]). If the instrument cannot consolidate above the level of 1.1322, the correction to the area of the level of 1.1291 (the middle line of Bollinger Bands) can develop. Should prices continue slipping under 1.1291, the 1.1230 (Murray [0/8]) and the 1.1200 (Murray [-1/8]) might try activating a upward rebound. Technical indicators mostly keep a buy signal. Bollinger Bands and Stochastic are pointed upwards. MACD is slowly growing in the positive zone.

Support and resistance

Support levels: 1.1291, 1.1261, 1.1230, 1.1200.
Resistance levels: 1.1322, 1.1352, 1.1383, 1.1413.

Trading recommendations

Short positions can be opened below the level of 1.1291 with the target at around 1.1261-1.1230 and stop-loss 1.1310.
Long positions can be opened above the level of 1.1322 with the target at around 1.1352-1.1383 and stop-loss 1.1300.

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EUR/USD: technical analysis 18.03.2019

EURUSDH418032019-1024x576.png

Current trend

On 4-hour chart, EUR/USD is trading above the middle line of the Bollinger Bands and can grow further to the levels of 1.1352 (Murray [4/8]) and 1.1383 (Murray [5/8]). The area of 1.1352-1.1383 can prevent the instrument from growing, as the possibility of the reverse of the price is high there. Assuming the pair’s ability to cross 1.1383 mark, the levels of 1.1413 (Murray [6/8]) and the 1.1444 (Murray [7/8]) can be targeted if holding long positions. The downward trend will be restored after the price is set below the level of 1.1314, which is the middle line of Bollinger Bands. In this case, the next targets of sellers will be the level of 1.1291 (Murray [2/8])-1.1230 (Murray [0/8]).
Technical indicators mostly keep a buy signal. Bollinger Bands and Stochastic are pointed upwards. MACD is growing in the positive zone.

Support and resistance

Support levels: 1.1322, 1.1291, 1.1261, 1.1230.
Resistance levels: 1.1352, 1.1383, 1.1413, 1.1444.

Trading recommendations

Long positions can be opened above the level of 1.1352 with the target at around 1.1383-1.1413 and stop-loss 1.1330.
Short positions can be opened below the level of 1.1314 with the target at around 1.1291-1.1261 and stop-loss 1.1330.

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NZD/USD: technical analysis 18.03.2019

NZDUSDH418032019-1024x576.png

Current trend

On 4-hour chart, NZD/USD shows a positive dynamic. At the moment the price has met the resistance at the level of 0.6866 (Murray [+1/8]), that holds the gate for its rise to 0.6897 (Murray [+2/8]). Additionally, pair’s sustained trading beyond the 0.6897 could set 0.6927-0.6958 as next buyers target. If NZD/USD cannot consolidate above the level of 0.6866, the downward trend restoration and retest of the level 0.6835 (Murray [8/8]), 0.6805 (Murray [7/8]) are possible. Technical indicators mostly keep a buy signal. MACD volumes are increasing in the positive zone. Stochastic is pointed upwards. Bollinger Bands are diverging, reflecting the active development of the current trend.

Support and resistance

Support levels: 0.6835, 0.6805, 0.6774, 0.6744.
Resistance levels: 0.6866, 0.6897, 0.6927, 0.6958.

Trading recommendations

Long positions can be opened above the level of 0.6866 with the target at around 0.6897-0.6927 and stop-loss 0.6846.
Short positions can be opened below the level of 0.6835 with the target at around 0.6805-0.6774 and stop-loss 0.6855.

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XAU/USD: technical analysis 18.03.2019

XAUUSDH418032019-1024x576.png

Current trend

On 4-hour chart, the instrument is correcting down after the raise to the level of 1306.33. The price is approaching a strong support in the region of 1296.88 (Murray [4/8]). There is a chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 1292.97 (Murray [3/8]). The breaking 1292.97 and holding below it will push the price back to 1289.06 (Murray [2/8]) – 1285.16 (Murray [1/8]) area. If the “bulls” manage to raise the rate above the level of 1302.10 (middle line of Bollinger Bands), the correction can continue to the area of 1304.69 (Murray [6/8]), 1308.59 (Murray [7/8]).
Technical indicators reflect the maintenance of the downward potential. Bollinger Bands are slightly leaned downwards. MACD histogram is ready to enter the negative zone. Stochastic is pointed downwards.

Support and resistance

Support levels: 1296.88, 1292.87, 1289.06.
Resistance levels: 1300.77, 1304.69, 1308.59.

Trading recommendations

Short positions can be opened below the level of 1296.88 with the target at around 1292.87-1289.06 and stop-loss 1299.00.
Long positions can be opened above the level of 1302.10 with the target at around 1304.69-1308.59 and stop-loss 1300.00.

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USD/JPY: technical analysis 19.03.2019

USDJPYH419032019-1024x576.png

Current trend

On 4-hour chart, USD/JPY shows a negative dynamic. The price has tested the support level of 111.13 and was slightly corrected upwards, but the downward trend still maintains. In case the pair manage to cross the 111.13 the next targets of sellers will be the level of 110.93 (Murray [0/8]), which seems a key level for the sellers. The breaking 110.93 and holding below it will push the price back to 110.74 (Murray [-1/8])-110.54 (Murray [-2/8]). The upward trend will be restored after the price is set above the level of 111.52, which is the middle line of Bollinger Bands. In this case the raise can continue to the area of 111.71 (Murray [4/8])-111.91 (Murray [5/8]). Technical indicators mostly keep a sell signal. Bollinger Bands are diverging, reflecting the active development of the current downward trend. MACD histogram is in the negative zone and form a sell signal. Stochastic’s lines are pointed downwards.

Support and resistance

Support levels: 111.13, 110.93, 110.74, 110.54.
Resistance levels: 111.32, 111.52, 111.71, 111.91.

Trading recommendations

Short positions can be opened below the level of 111.13 with the target at around 110.74-110.54 and stop-loss 111.30.
Long positions can be opened above the level of 111.32 with the target at around 111.71-111.91 and stop-loss 111.10.

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AUD/USD: technical analysis 19.03.2019

AUDUSDH419032019-1024x576.png

Current trend

On 4-hour chart, AUD/USD is trading above the middle line of Bollinger Bands (0.7082). At the moment the price has met the significant resistance around the level of 0.7110 (Murray [6/8]). The breakout of this level will let the price to grow to the area of levels 0.7125 (Murray [7/8])-0.7141 (Murray [8/8]). Failure to conquer the 0.7110 mark seems fetching the AUDUSD to 0.7080 (Murray [4/8]) support. The breaking 0.7080 and holding below it will push the price back to 0.7064 (Murray [3/8])-0.7049 (Murray [2/8]) area. Technical indicators reflect the moderate maintenance of the current upward movement. Bollinger Bands and Stochastic are pointed upwards. MACD histogram is in the positive zone keeping a signal for the opening of buy positions.

Support and resistance

Support levels: 0.7080, 0.7064, 0.7049, 0.7034.
Resistance levels: 0.7110, 0.7125, 0.7141, 0.7156.

Trading recommendations

Short positions can be opened below the level of 0.7080 with the target at around 0.7049-0.7034 and stop-loss 0.7098.
Long positions can be opened above the level of 0.7110 with the target at around 0.7141-0.7156 and stop-loss 0.7095.

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GBP/USD: technical analysis 19.03.2019

GBPUSDH419032019-1024x576.png

Current trend

On the 4-hour chart, the instrument is went up above the level of the middle line of Bollinger Bands (1.3255), and can grow further to the levels of 1.3305 (Murray [6/8]). Assuming the pair’s ability to cross 1.3305 mark, the level of 1.3366 (Murray [7/8]) can be targeted if holding long positions. Pullbacks below 1.3255 could lead to the 1.3183 (Murray [4/8]) support level. A significant decrease is possible after the breakdow of the level 1.3183, which can develop to the level of 1.3122 (Murray [3/8]) (Murray [3/8]).
Technical picture is mixed. Bollinger Bands are slightly leaned downwards. MACD is slowly growing in the positive zone. Stochastic’s lines are pointed downwards.

Support and resistance

Support levels: 1.3244, 1.3183, 1.3122, 1.3061.
Resistance levels: 1.3305, 1.3366, 1.3427, 1.3488.

Trading recommendations

Short positions can be opened below the level of 1.3244 with the target at around 1.3183 and stop-loss 1.3260.
Long positions can be opened above the level of 1.3305 with the target at around 1.3366 and stop-loss 1.2805.

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USD/CAD: technical analysis 20.03.2019

USDCADH420032019-1024x576.png

Current trend

On the 4-hour chart, USD/CAD is trading above the level of middle line of Bollinger Bands. At the moment the price has met the resistance at the level of 1.3336 (Murray [5/8]) that impedes growth to 1.3366 (Murray [6/8]). There is a chance of a downward rebound from the level of 1.3366, while its breakout would allow the growth to continue to the area of 1.3397 (Murray [7/8]). Pullback below 1.3305 (Murray [4/8]) could lead to the 1.3275 (Murray [3/8]) and 1.3244 (Murray [2/8]) level.
Technical indicators mostly keep a buy signal. Bollinger Bands are leaned sideways. MACD volumes are decreasing in the negative zone. Stochastic is pointed upwards.

Support and resistance

Support levels: 1.3305, 1.3275, 1.3244, 1.3214.
Resistance levels: 1.3336, 1.3366, 1.3397, 1.3427.

Trading recommendations

Short positions can be opened below the level of 1.3305 with the target at around 1.3275-1.3244 and stop-loss 1.3320.
Long positions can be opened above the level of 1.3336 with the target at around 1.3366-1.3397 and stop-loss 1.3320.

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USD/CHF: technical analysis 20.03.2019

USDCHFH420032019-1024x576.png

Current trend

On 4-hour chart, USD/CHF shows a negative dynamic. The price went down below the level of 1.0009 (Murray [0/8]) and can fall further to the levels of 0.9994 (Murray [-1/8]) and 0.9979 (Murray [-2/8]), which might try activate a upward rebound. If the “bulls” manage to raise the rate above the level of 1.0009, the correction can continue to the area of 1.0025 (Murray [1/8]), 1.0040 (Murray [2/8]). Technical indicators mostly maintain a sell signal. Bollinger Bands are pointed downwards. MACD histogram is in the negative zone, keeping a signal for the opening of sell positions. Stochastic is pointed upwards, signaling the development of an upward correction.

Support and resistance

Support levels: 0.9994, 0.9979, 0.9954, 0.9929.
Resistance levels: 1.0009, 1.0025, 1.0040, 1.0055.

Trading recommendations

Short positions can be opened below the level of 0.9994 with the target at around 0.9979-0.9954 and stop-loss 1.0005.
Long positions can be opened above the level of 1.0009 with the target at around 1.0040-1.0055 and stop-loss 0.9995.

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EUR/USD: technical analysis 20.03.2019

EURUSDH420032019-1024x576.png

Current trend

The EURUSD pair begins today’s trading with slight bearish bias. The area of 1.1352 (Murray [8/8]) level still impedes growth of the pair. If the “bulls” manage to raise the rate above the level of 1.1361, the raise can continue to the area of 1.1383 (Murray [5/8]). Pair’s sustained trading beyond the 1.1383 mark could set 1.1413 (Murray [6/8]) and the 1.1444 (Murray [7/8]) as next buyers targets. The downward trend will be restored after the price is set below the level of 1.1314, which is the middle line of Bollinger Bands. In this case, the next targets of sellers will be the level of 1.1291 (Murray [2/8])-1.1261 (Murray [1/8]).
Technical picture is mixed. Bollinger Bands are converging. MACD histogram is in the pozitive zone keeping a signal for the opening of buy positions. Stochastic’s lines are pointed downwards.

Support and resistance

Support levels: 1.1322, 1.1291, 1.1261, 1.1230.
Resistance levels: 1.1352, 1.1383, 1.1413, 1.1444.

Trading recommendations

Long positions can be opened above the level of 1.1352 with the target at around 1.1383-1.1413 and stop-loss 1.1330.
Short positions can be opened below the level of 1.1314 with the target at around 1.1291-1.1261 and stop-loss 1.1330.

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NZD/USD: technical analysis 21.03.2019

NZDUSDH421032019-1024x576.png

Current trend

On 4-hour chart, NZD/USD is in the stage of downward correction after a significant rise over the last day.If the sellers manage to decline the rate below the level of 0.6912, the correction can continue to the area of 0.6862 (Murray [5/8]), which corresponds to the middle line of Bollinger Bands. The upward trend will be restored after the price is set above the level of 0.6937. In this case, the next targets of buyers will be the level of 0.6958 (Murray [8/8])-0.6988 (Murray [+1/8]). Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. MACD volumes are increasing in the positive zone. Bollinger Bands are diverging, reflecting the active development of the upward trend. Stochastic is in the overbought area and is pointed sideways.

Support and resistance

Support levels: 0.6897, 0.6866, 0.6835, 0.6805.
Resistance levels: 0.6927, 0.6958, 0.6988, 0.7018.

Trading recommendations

Short positions can be opened below the level of 0.6912 with the target at around 0.6866 and stop-loss 0.6930.
Long positions can be opened above the level of 0.6927 with the target at around 0.6958-0.6988 and stop-loss 0.6910.

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USD/CHF: technical analysis 21.03.2019

USDCHFH421032019-1024x576.png

Current trend

On 4-hour chart, USD/CHF is falling down along the lower line of the Bollinger Bands. The price has tested the support level of 0.9893 and was slightly corrected upwards, but the downward trend still maintains. The downward trend will be restored after the price is set below the level of 0.9887 (Murray [0/8]). In this case, the next targets of sellers will be the area of 0.9857 (Murray [-1/8])-0.9826 (Murray [-2/8]). If the “bulls” manage to raise the rate above the level of 0.9918 (Murray [1/8]), the correction can continue to the area of 0.9948 (Murray [2/8])-0.9979 (Murray [3/8]). Technical indicators mostly maintain a sell signal, but the upward correction is possible in the short term. Bollinger Bands are diverging, reflecting the active development of the current trend.
MACD histogram is in the negative zone, keeping a signal for the opening of sell positions. Stochastic is pointed upwards, signaling the development of an upward correction.

Support and resistance

Support levels: 0.9887, 0.9857, 0.9826.
Resistance levels: 0.9918, 0.9948, 0.9979, 1.0009.

Trading recommendations

Short positions can be opened below the level of 0.9887 with the target at around 0.9857-0.9826 and stop-loss 1.0008.
Long positions can be opened above the level of 0.9918 with the target at around 0.9948-0.9979 and stop-loss 0.9890.

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XAU/USD: technical analysis 21.03.2019

XAUUSDH421032019-1024x576.png

Current trend

On 4-hour chart, the price has tested the resistance level of 1319.00 and was slightly corrected downwards, but the upward trend still maintains. Additionally, pair’s sustained trading beyond the 1316.41 (Murray [+1/8]) could set the level of 1320.31 (Murray [+2/8]) as next buyers target. If the “bulls” manage to raise the rate above the level of 1320.31, the rise can continue to the area of 1325.55. Alternatively, pullbacks below 1316.41 and holding below it will push the price back to 1312.50 (Murray [8/8])-1308.59 (Murray [7/8]). Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. MACD volumes are increasing in the positive zone. Bollinger Bands are diverging, reflecting the active development of the upward trend. Stochastic is in the overbought area and is pointed upwards.

Support and resistance

Support levels: 1316.41, 1312.50, 1308.59.
Resistance levels: 1320.31, 1325.31, 1330.00.

Trading recommendations

Short positions can be opened below the level of 1316.41 with the target at around 1308.59 and stop-loss 1318.00.
Long positions can be opened above the level of 1320.31 with the target at around 1325.51 and stop-loss 1318.50.

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USD/JPY: technical analysis 22.03.2019

USDJPYH422032019-1024x576.png

Current trend

USD/JPY is in the stage of upward correction. The first target of the correction is the level of 111.04 (Murray [3/8]), which corresponds to the middle line of Bollinger Bands. Meanwhile, any attempted rise is getting sold into actively near the 110.93 (Murray [4/8]) level. If the “bulls” manage to raise the rate above the level of 110.93, the rise can continue to the area of 111.13-111.52. The downward trend will be restored after the price is set below the level of 110.64. In this case, the next targets of sellers will be the levels of 110.54 (Murray [2/8])-110.15 (Murray [0/8]).
Technical indicators mostly keep a sell signal. Bollinger Bands are pointed downwards. MACD histogram is in the negative zone. Stochastic’s lines are pointed downwards.

Support and resistance

Support levels: 110.74, 110.54, 110.15.
Resistance levels: 110.93, 111.13, 111.52.

Trading recommendations

Short positions can be opened below the level of 110.64 with the target at around 110.54-110.15 and stop-loss 110.81.
Long positions can be opened above the level of 110.93 with the target at around 111.13-111.52 and stop-loss 110.70.

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AUD/USD: technical analysis 22.03.2019

AUDUSDH422032019-1024x576.png

Current trend

On 4-hour chart, AUD/USD is trading around the area of middle line of Bollinger Bands (0.7107). If the “bulls” manage to raise the rate above the level of 0.7110 (Murray [5/8]), the upward trend restoration and retest of the level 0.7141 (Murray [6/8]) are possible. If the seller manage to decline the rate below the level of 0.7080 (Murray [4/8]), the fall can continue to the area of 0.7049 (Murray [3/8]), 0.7019 (Murray [2/8]).
The technical picture is mixed. Bollinger Bands are pointed sideways. MACD volumes are decreasing in the positive zone. Stochastic is pointed upwards, reflecting the possibility of the upward movement formation.

Support and resistance

Support levels: 0.7080, 0.7049, 0.7019.
Resistance levels: 0.7110, 0.7141, 0.7171.

Trading recommendations

Short positions can be opened below the level of 0.7080 with the target at around 0.7049-0.7034 and stop-loss 0.7096.
Long positions can be opened above the level of 0.7110 with the target at around 0.7141-0.7156 and stop-loss 0.7095.

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GBP/USD: technical analysis 22.03.2019

GBPUSDH422032019-1024x576.png

Current trend

On 4-hour chart, the instrument shows a positive dynamic due to upwars correction. If the current trend maintains, the price can grow further to the area of 1.3183-1.3205 levels. The downward trend will be restored after the price is set below the level of 1.3122. In this case, the next targets of sellers will be the area of 1.3061 (Murray [2/8])-1.3000 (Murray [1/8]) levels, which can restrict further downside of the pair. The technical picture is mixed. Bollinger Bands are poited downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Stochastic is directed upwards.

Support and resistance

Support levels: 1.3122, 1.3061, 1.3000, 1.2939.
Resistance levels: 1.3183, 1.3244, 1.3305, 1.3366.

Trading recommendations

Short positions can be opened below the level of 1.3122 with the target at around 1.3061 and stop-loss 1.3140.
Long positions can be opened above the level of 1.3141 with the target at around 1.3183-1.3205 and stop-loss 1.3125.

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USD/CAD: technical analysis 25.03.2019

USDCADH425032019-1024x576.png

Current trend

On 4-hour chart, the price has tested the resistance level of 1.3438 and was slightly corrected downwards, but the upward trend still maintains. Pair’s sustained trading below the 1.3427 (Murray [8/8]) could set 1.3397 (Murray [7/8])-1.3336 (Murray [6/8]) as next sellers levels. The level of 1.3336 is the main target of downward correction and is coincided with the middle line of Bollinger Bands. Alternatively, breakout of 1.3428 can accelerate the pair towards 1.3458 (Murray [+1/8])-1.3488 (Murray [+2/8]),but the three-month old resistance-line could challenge the pair’s upside. Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term. Bollinger Bands are diverging, reflecting the active development of the current upward trend. MACD is actively growing in the positive zone. Stochastic is in the overbought area and is pointed downwards, reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 1.3397, 1.3366, 1.3336, 1.3305.
Resistance levels: 1.3427, 1.3458, 1.3488, 1.3510.

Trading recommendations

Short positions can be opened below the level of 1.3397 with the target at around 1.3366-1.3336 and stop-loss 1.3415.
Long positions can be opened above the level of 1.3427 with the target at around 1.3458-1.3488 and stop-loss 1.3410.

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XAU/USD: technical analysis 25.03.2019

XAUUSDH425032019-1024x576.png

Current trend

On 4-hour chart, the instrument shows a positive dynamic. The price went up above the strong resistance level of 1312.50 (Murray [4/8]) and can grow further to the levels of 1316.41 (Murray [+1/8]) and 1320.31 (Murray [+2/8]). There is a chance of a downward rebound from the area of 1320.31 mark, where overbought Stochastic and one-month old resistance-line could restrict further rise. The downward trend will be restored after the price is set below the level of 1312.50 (Murray [4/8]). In this case, the next targets of sellers will be the level of 1308.59 (Murray [7/8])-1304.69 (Murray [6/8]). Technical indicators mostly keep a buy signal. Bollinger Bands and Stochastic lines are directed up. MACD is growing in the positive zone.

Support and resistance

Support levels: 1312.50, 1308.59, 1304.69, 1300.78.
Resistance levels: 1316.41, 1320.31, 1324.31.

Trading recommendations

Short positions can be opened below the level of 1312.50 with the target at around 1308.59 and stop-loss 1314.00.
Long positions can be opened above the level of 1316.41 with the target at around 1320.31 and stop-loss 1314.80.

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      It is easy to write about your mistakes so you do not make them anymore. But you also have to write about the positives. For example, if strategy A and B fails, you can write in your journal. In addition, you also have to write about strategies C and D work.
      Many Forex trading site describes the different errors that traders usually do. Forex Academy is one website that not only shows the error but also tells a different way you can fix it.
      So, your journal should have two parts. The one with the negatives, which contain trading mistakes you should avoid, and secondly, the positive that talks about some of your successful trading strategies. This will help you to work on the negative and turn it into a positive future.
      2) ALWAYS HAVE THE PURPOSE OF TRADING
      Just follow your friends or fellow traders are now the way forward in Forex trading. You should always have a goal-oriented approach.
      For example, if you make a few mistakes on the first trading day, you should aim not to repeat them the next day or next week. Similarly, if you have a satisfactory ROI on your first trade, you should look to follow that strategy and get more in the second attempt.
      However, make sure that you assess the condition of the market while trading. If you are successful the first day, it does not mean the market will remain like that forever. So, keep an eye on the constantly changing market conditions.
      3) ALWAYS HAVE AN OPEN MIND
      As already mentioned, there is so much to learn from a professional Forex trading even would say that they do not have full knowledge of the market. Keeping an open mind is the best way to maximize your trading journal. Learning does not have to be limited to correcting your mistakes.
      There are many new techniques you'll find you start to trade. Do not avoid off this strategy because you trade successfully without assistance.
      Forex trading can be tough at first, but if you have a journal, hard days will be the pillars of success you soon.
      Also read: The Best Automated Trading Software of 2020
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