AUDUSD – Testing Old Support

(Click on image for larger view) Hi Traders, Hope the new year has been treating your well. If not, let’s start by starting afresh today now. The chart above is the AUDUSD weekly chart. As shown above, the market has been on a slow but gradual fall since July 2011. The gradual fall was not…

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Peeling Away Those Bad Trading Habits

  Recently, I had a coaching session with Alex (a made up name) who was keen to make a personal breakthrough. During our conversation, Alex brought forward an interesting topic – he was curious to find out how he could make permanent changes to his trading habits. As you can imagine, these bad habits were…

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NZDUSD – Finding a Long Entry At a Retest?

(Click on image for larger view) Hi Traders, Here’s the latest market update. In fact, I’m testing out this format, so please let me know if you prefer a commentary like this or if you prefer the short and simple commentaries that I’ve done in the past – see older posts. The Big Picture The…

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EURUSD – A Post-Fall Consolidation

Hello Traders, Here’s a quick update on the Euro. Looking at the chart above, price has made a dramatic drop since May 2014 after the break of a wedge pattern (see article). While price looks to continue it’s fall, it also looks somewhat extended – in other words, a correction is due. At the same…

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Gold – What Does It Mean?

  Hello Traders, Hope you are doing well. This is just a quick update on this precious metal. As mentioned on the 31st July (see article), Gold has been consolidating since mid 2013 and it has been testing a long term support level around $1180. Price broke below that level on the 31st Oct –…

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Learning to Lead Yourself in Trading

Reading this now, some of you must be wondering what I’m about to share today. While this trading site has its unusual taste of human development and technical insights, I think today’s article will be another interesting one. Learning to lead yourself is more than just learning or leading, because it is about YOURSELF first.…

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Learning to Trade with Market Apprentice

Hello Traders, After many many months of planning, design, write, record, build and testing, I am very please to officially launch the Market Apprentice Learning Hub. Writing the TYE blog and books have been great. However, over a year ago, I realised that there is something lacking when trying to help traders learn the market.…

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Weekly Commentary: 24th August 2014

Previous weekly commentary: Commentary on 17th August 2014 Hello Traders, The USD index closed around $82.40 this week, quite a surprising move for me but then again, this is a good indication of who is currently taking the lead in the market. The double high test bar proofed to me again that those who were not…

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Trading Zone – A Space for Extra Ordinary Results

  There are days when your trading is good and there are days when your trading is not as good. It’s not like you changed your rules neither have your change your trading charts or market. However, trading is just not as consistent as you want it to be. Ever wonder why and how that…

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Weekly Commentary: 17th August 2014

Previous weekly commentary: Commentary on 10th August 2014 Hello Traders, This week was pretty much a quiet week as the USD index closed around $81.40 for the third week. I suspect this is going to be another case of having the calm before the storm. Looking at price action, price gave us an inside bar.…

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