TAG constantwinningtrader

Mental Techniques

How to position trades without buy and sell bias (Live Traded)

This is my analysis on EURGBP because first of all, I see it’s a good chance to buy and I will tell you the reason from my own analysis, but today, I wanted to talk about how to see a chart without any bias so that you can always be flexible whether the price goes up or down, because no one can predict the movement in the future. But good traders always make profit over time because they have plans, and those plans are based on “if” questions, like “if the price goes up, then I will do this” or “If the price goes down, I will do that.” things…

Weekly Chart Analysis

Trade AGAINST the Cognitive Bias in Forex Trading: EURUSD Trade Review #1

This is the review of a trade I got from one of my followers in terms of both technical and mental awareness in forex trading. Watch Video Mail from Patrick in Canada Hello Kei san. Thank you for the great videos. I learn a lot and wish I could trade like you someday. I started trading like half a year ago but still struggling. I tend to see and trade by small timeframe charts so that I get the most profit possible from very top to bottom or vise versa. But as you told in a video, I think I should look at a bigger timeframe first to see a…

Mental Techniques

What should I learn to be able to win? The difference of learning style between winning and losing traders.

Why there are people who win and who lose in forex trading? That’s because “what” and “how” they study is different. Holy grail is in you As compared with any skills, trade is the same as driving and sports. And you can never be successful just understanding with your head. You can move your body in unconscious level when your head and body connects altogether. When you start trading, many people start searching for holy grails. And ironically, those who realized that there is no such thing as the Holy Grail starts to walk along the pathway of a winner. Let go of unnecessary knowledge A variety of information is…

Mental Techniques

Break Even Strategy: Live Traded on EURGBP

This is a live trade on EURGBP on 12/06/2019. I placed two buy positions and ended up with break even (little profit) and soon after closing the position, the price went straight down. Loss cut technique is very important because that’s the way to secure your account. And if you can survive from the market, there’s always a next chance. But if you die, that’s the end of the game. Watch Video EURGBP Daily chart on 12/06/2019 This trading is recorded on the 12th of June, 2019. This chart is the Daily chart of EURGBP I am thinking to trade this currency pair because as you can see, it’s been a…

Youtube

LIVE trade recorded from entry to make $2,700 on AUD/CAD on 24th of May

This is a recording from last Friday, 24th of May, 2019. I recorded live and explained how I look at a chart from placing an order to making profit on AUD/CAD. In the recording I mainly explain based on 30min time frame chart. But I do look at a chart multi-time frame from Weekly, Daily and 4H charts. It took some time to edit the recording because of some microphone issues… but hopefully you enjoy the video. Watch Video Script In this video, I am explaining from placing an order to making a profit, and showing you how I am thinking and feeling during the trade and hopefully it gives…

Weekly Chart Analysis

US-China trade war and Japanese GDP in relation to consumption tax

US-China trade war has begun Last week, the Trump administration of the United States raised the previous 10% tariff to 25% for $ 200 billion on Chinese products, and also announced to apply the 25% duty to the remaining $ 300 billion as the fourth retaliatory duty, putting pressure on China. In fact, the USTR (US Trade Representative Office) has announced 3800 items are targeted for Chinese products. On the other hand, China announced a countermeasure to put a 5-25% duty on US products $ 60 billion from June 1 and has just shown the appearance of a “trade war.” Because of this, USD/JPY has become more active in buying…

Mental Techniques

How can just $1 investment makes you happier than winning a lottery?

Watch the video What is “Investment” to you? When you think of an investment, you may think to invest on something to get something in return and become rich, right? You know, to earn more money in return of what you invest on. But why you think of wanting to have more money? That could be because you want to be happy, like to be able to do what you want to do, or you want to live with joy, or you want to live without any anxiety, and so on. But anyhow, if you are happy and always become happy, that’s your goal, isn’t it? There are some people…

Mental Techniques

Things you should NOT do in the morning that lower your potential

Video Things you should NOT do in the morning that lower your potential There is a certain habit in the morning that makes you foolish. In other words, if you do a certain thing in a morning, you become foolish and dumb the whole day. And people waste their time because of this. It’s not about waking up early or late in the morning, but what I mean is if you do a certain thing in the morning, it decreases your productivity in a day all day and because of that, your cognitive function will be declined that you make small mistakes, or worries something that you don’t have to,…

Mental Techniques

How to become a constant winning trader – Two traps by freedom of choice

It’s rather negative when you have too much information. There’s no 100% winning strategy in forex but what to learn and how to learn are the key points.Basically, if you know the characteristic of the price action and are able to read chart based on it, you can win trade without depending on the indicators. In this video I am explaining the necessary information to “WIN” trade from different aspects based on the basic structure or elements of forex chart. As long as you do risk management, forex is not scary. Rather the skill to be able to win trade make you expand your possibility to your future. Whether you…