Author: adminwmk

Adminwmk Articles
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EURUSD Free Signal

EURUSD break 1.0520 important support level by yesterday’s candle, now price test that level as a new resistance. In lower timeframe we notice price action sell signal. So we can go short on this pair.   Sell entry: 1.0520 (running) Stop Loss: 1.0560 Take Profit: 1.0370

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Inside Bar Momentum Strategy

New year, new system! I spent a good part of the holidays cooking up a pure price action-based forex mechanical strategy and I think it’s ready for tasting… I mean, testing! As you’ve probably gleaned from its name, this trading system hunts for inside bar formations, which are dual candlestick patterns in which the second […]

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What FOMC Members Said This Week

It’s only the second trading week of the year, but some Fed members have already hit the newswires to share their two cents on the economy. If you recall, FOMC members have foretasted a median of not one, not two, but THREE interest rate hikes this year. Do they still feel the same way at […]

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Meditation – The Secret Weapon To Becoming A Better Trader

Do you find yourself repeating the same mistakes in trading over and over again? Perhaps failing to pull the trigger when you have a perfect setup right in front of you? Or find yourself afraid to take a new trade for fear of losing? How about ‘knowing’ what to do, but being unable to do […]

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How to spot BIG opportunities – using Elliott wave and RSI

When I am setting up a trade, I always use Elliott wave and RSI as a wave count confirmation tool. In this post I will show you how the RSI can help you confirm the Elliott wave count, and then indicate possible entry points. Also, how Elliott wave and RSI, can help you stay in the market and ride […]

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Nonfarm Payrolls Preview: rate hike priced in, NFP needs to surprise big

The last month of the year is finally here, and will kick start with the release of the US Nonfarm Payroll report. The stars of the month however, will be the ECB and the FED, with the first expected to announce an extension in its stimulus program and the second forecasted to raise rates. Indeed, […]

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8 Trading Tips from Some of the World’s Best Traders

“The way to build long-term returns is through preservation of capital and home runs.” – Stanley Druckenmiller The first goal of any trader is to trade for another day. You can have the biggest trading account and you can win a bajillion pips on a single trade and they won’t mean a thing if you […]

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10 Major Behavioral Traits of Successful Traders

The question I probably get asked more than any other is: What makes a good trader? Answering this in detail is not easy, however in this article I explain what I think are the 10 major behavioral traits of successful traders. Some Perspective: All traders start out with the best of intentions, however too often […]

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What Does a Trump Win Mean for Financial Markets?

This year, a new answer was born to questions like ‘why is (insert surprising or shocking event) happening’? The answer is simply: ‘because…2016’. Six months ago, most pundits called it a long shot that that Republican candidate Donald Trump might win the US presidential elections. Then again…itis 2016. A Brexit was also considered to be […]

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Dollar Lives or Dies by US Election – 3 Scenarios

Now that the Federal Reserve’s monetary policy meeting and U.S. non-farm payrolls reports are behind us, investors can focus solely on Tuesday’s U.S. Presidential election.  Friday’s U.S. jobs report failed to change the market’s expectations for a rate hike in December.  A total of 161K jobs were created in October but September job growth was revised higher, the unemployment […]