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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…

Weekly Chart Analysis

Weekly Forex Analysis 15/04 – 21/04/2019

Last week’s USD/JPY Last week ‘s USD/JPY went below 111.00 in the middle of the week and the dollar went down to 110.85, but it cut back immediately on the next day and repulsed to the late 111.00 level, and last weekend recovered up to a rate of 112 which was marked on March this year. Although the upper price seems to be heavy on the Tokyo market after the week, it has been hovering around 112, which is unexpectedly strong.  US economic news, including TAG between U.S and Japan from today The US economy is mixed with its strength and weakness, plus the Fed’s monetary policy is neutral, which…

Weekly Chart Analysis

Weekly Forex Analysis 08/04 – 14/04/2019

Positive Employment Stats between January and March Employment statistics in March showed that the unemployment rate was at 3.8% which had been the same as in the previous month, and the number of non-agricultural sector employees was 19,600, which was far exceeding the forecast. Furthermore, February and January has been revised upwards and it is over 180,000 people in the average between January and March, which was quite a reasonable result. At least, the labor market has not slowed down at this point, and a strong labor market is expected to be maintained.  At the same time, we can see that the pessimism about the US economy has retreated for…

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3 traits that top 2.5% of rich people in a world have

Watch a video 3 traits that top 2.5% of rich people in the world have There is a research of what kind of people tend to become rich, like what kind of characteristic or personality do rich people tend to have. There was a research done by one of the most famous professors known for researching rich people, but he found there are some common traits among rich people and I will introduce some traits that we can possibly imitate and get new perspective so that you can make more money. Rich People’s Trait #1: A definition of money Basically there are 3 traits. First one is a definition of…

Forex Mental Systems – Risk Management

Forex Mental Systems – Risk Management Risk Management is one of the most crucial elements for traders and yet, the way to manage risk depends on their amount of balance, their goal, and their personality. Knowing your personality on risk management can help you not only know how you tend to think and act at a time of crisis, but to realize your strength and weakness. How daring are you? How much can you be daring? This is similar to the test used at King’s College London.  How aggressive are you? The test is based on a research by Dr. Richard Parlor who have written about aggression. Check your…

Forex Mental Systems – Motivation

Motivation Keeping the motivation is crucial for traders because as you know, there are good times and bad times. Therefore, how you achieve your goal as a trader depends on how you can keep your motivation, and the root is different among everyone. Know how you can motivate yourself and become a constant winning trader. What is your level of perseverance? Do you continue until you achieve your purpose, or do you give up half way? This test is to find out your level of perseverance.

Forex Mental Systems – Decision Making

Forex Mental Systems: Decision Making In this section you can take various personality tests for your decision making process when trading. When to buy, when to sell, when to take profit, or when to cut loss… there are many decisions that you will constantly face during the trade. But how do you actually make decisions? The tests are all free! Let’s take them and find out what kind of a decision maker you truly are. How far can I extend my imagination? This test is created with reference to some imaginative researches including those developed at Yale University.  How is your problem solving skills? Many of us worry about…

Forex Mental Systems – Character Type

Forex Mental Systems – Character Type Aggressiveness, curiosity, and thinking patterns.. there are a variety of character types but which one are you? Knowing your character type helps you know what you will become in a certain situation compared to others as a trader. Some traders are likely to have strong heart, some have less confident to avoid a loss. Depending on what character type you are, your strategy for trading changes, and it’s different among everyone. What is your level of ambition? How aggressive are you?

Weekly Chart Analysis

Forecast on 26/03/2019 – US long-term interest has further dropped down to 2.39%

NY Market USD/JPY now raised up to 110.16, however, it dropped down to 109.76 as a result of further negative US long-term interest. EUR/USD with small volatility at a rate of 1.13 with small volatility of 20 points. Stock market also is in a small volatility. Dow once dropped about $130 but closed with +$14. On the other hand, NASDAQ and S&P continues to be bearish. Credit is further positive and long-term interest dropped down below 2.4% and closed at a rate of 2.39%. Looks like the stock market has been heated up as world economy is expected to become negative. Gold has been bullish for the past 3 days…

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,…