What do you work on to improve your trading skills and become a more profitable trader each day? Think about this for a second and go over everything you did/worked on to become a profitable trader over the last month.

Ok, now that you've done that, I'm willing to bet the majority of you are not doing this one thing which I talk about in today's video. And what I'm referring to is a secret most professional traders and elite athletes know.

What is this one thing you're missing if you're not making money trading?

NOTE: The key isn't just knowing what this secret is, but making sure you put it into balance.

In today's video, I talk about something that is dominating everything you do in trading, including why you struggle for consistency and profitability in trading.

I'm also giving you a simple exercise to work on this week and help you with this one thing.

 

 

 

Trading Foreign Exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advisce from an independent financial advisor if you have any doubts.

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Editors’ Picks

EUR/USD hits four-month high of 1.1423

EUR/USD prints a four-month high of 1.1423 in Asia. The pair witnessed a bullish breakout above 1.1349 on Tuesday. The pair closed well above 1.1349 on Tuesday, invalidating the bearish lower high setup created on the daily chart on June 23.

EUR/USD News

GBP/USD: Bulls breaking up through critical 4HR structure, blue skies on horizon

GBP bulls taking over and seeking out a break from key support. Blue skies are on the horizon, but there is plenty of leg work to do yet. The pound has been one of the best-performing G10 currencies of late.

GBP/USD News

USD/JPY: All eyes on BOJ to extend run-up past-107.00

USD/JPY refreshes the intraday high following a U-turn from 107.15. Increasing hopes of virus vaccine follow Wall Street's performance to recall the bulls. News that Tokyo will raise the pandemic to the highest levels, fears of an escalation in the US-China tussle challenge sentiment.

USD/JPY News

Editors’ Picks

EUR/USD hits four-month high of 1.1423

EUR/USD prints a four-month high of 1.1423 in Asia. The pair witnessed a bullish breakout above 1.1349 on Tuesday. The pair closed well above 1.1349 on Tuesday, invalidating the bearish lower high setup created on the daily chart on June 23.

EUR/USD News

GBP/USD: Bulls breaking up through critical 4HR structure, blue skies on horizon

GBP bulls taking over and seeking out a break from key support. Blue skies are on the horizon, but there is plenty of leg work to do yet. The pound has been one of the best-performing G10 currencies of late.

GBP/USD News

USD/JPY: All eyes on BOJ to extend run-up past-107.00

USD/JPY refreshes the intraday high following a U-turn from 107.15. Increasing hopes of virus vaccine follow Wall Street's performance to recall the bulls. News that Tokyo will raise the pandemic to the highest levels, fears of an escalation in the US-China tussle challenge sentiment.

USD/JPY News

BOJ Preview: No changes in policy, but forecast downgrades expected

After a chaotic end to Q1, the Bank of Japan is back to usual business. Policymakers will have a meeting to decide on monetary policy early Wednesday.

Read more

Gold: Daily chart shows temporary uptrend exhaustion

Gold's daily chart shows a bearish divergence of the MACD, a sign of uptrend exhaustion. A break below the 10-day SMA could prove costly. The metal looks vulnerable to price pullback.

Gold News

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