$EURUSD – #EURUSD Short Idea (#Forextrading, #Forex) –

#EURUSD Short Idea

EURUSD Short Idea

1. ABCD Pattern
2. Fibonacci Confluence
3. HTF Trend Line
4. HTF 200sma
5. HTF RSI reaching Overbought Level

$EURUSD – #EURUSD Short Idea (#Forextrading, #Forex) –

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
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Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
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Psychological Biases in Financial Markets Can Be Deadly

Psychological Biases

A trader or investor must stay objective, logical and emotionally detached. Remember that performance of one trade or few lost trades do not affect the whole outcome. A trader must carry on making rational and logical decisions to make the most of next trading opportunity.

I stumbled upon a great article on twitter by Danan Kirby and thought of sharing here.  It lists down all kinds of biases that we have in markets. Know Your Biases, it will help improve results.

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Credit: http://charts.stocktwits.com/production/original_36332774.png?1430762000

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
---------------------------------------------------------------------------------
Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
---------------------------------------------------------------------------------

Understanding Market Structure Bulls versus Bears

There are only two big forces that drive the whole market.
1. Fear
2. Greed

Both of these induce each other too. For example: Fear of losing an opportunity to make more money. That is Greed inducing Fear. Another example is Fear of losing profits made so far. That is Greed inducing Fear.

Markets are run by Humans and hence these psychological factors are always present in a market. Markets as a whole represents the emotional and psychological state of its participants. These participants can be:
1. Retail Traders
2. Institutional Traders
3. Retail and Institutional Long term holders
4. Market Makers

These factors make markets go up and down. As human nature is so predictable and often very similar, markets follow almost same cycle again and again in which BULL and BEAR patterns emerge. Below are 2 charts which represent these cycles.

Understanding Market Structure Bulls versus Bears

Similar to above

2015-09-06_08-42-10

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Leave a comment: I would love to hear your thoughts, suggestions on this topic. Please leave a comment.
---------------------------------------------------------------------------------
Disclaimer: This web site is just my financial trading log and is for educational purposes.
Please do your research, analysis and take your decisions. You must not rely on my actions or analysis.
Please see the Disclaimer page.
---------------------------------------------------------------------------------