Golden Rules of Forex/10th NOVEMBER- 2017.

Date:30th  October 2017.

Golden Rules of Forex

Must check this lin before trade -----

USD DOLAR INDEX CHECK REGULAR FROM THIS LINK-

https://www.investing.com/quotes/us-dollar-index-scoreboard 

 https://account.forex4you.com/in/analytics/#/autochartist

*** Discipline is Essential for Success in Forex.

*** Money Management is the life, Trend is your friend.

*** 3M confirm : Mind, Method, Money Management.

*** Meditation: Aek¨B cÖwZw`b Ges Trade Kivi c~‡e© Meditation Ki‡ZB n‡e| 

Most & First Analysis: 1. Day Candle Analysis + Add CROSS-10,20 in Day Chart + Line chart +  Comapare previous YEARS==Finally when cofirm the Sell or Buy in the Day & H4 Chart-OK--We can take a TRADE OR CREATE PENDING ORDER.  

2. RSI ANALYSIS DAY, H4, H1 IF- -OK--We can take a TRADE OR CREATE PENDING ORDER.   

1| 1g Ges mycvi GbvjvBwmm n‡jv mv`v MACD Histogram I Kvjvi MACD Histogram Øviv macd Gi Cross line `ywUi Ae¯’vb, LuywU¸‡jvi Ae¯’vb Ges K¨v‡Ûj Character-Day I H4 `yÕwU‡ZB m~ÿfv‡e GbvjvBwmm Kiv Ges GKB mv‡_ MT-4 Pv‡U© Moving Cross-12, 26 wbweifv‡e GbvjvBwmm Kiv Ges cvkvcvwk Fibonecci Øviv GbvjvBwmm Kiv I cÖwZwU welq kZfvM wbwðZ n‡ZB n‡e| AZtci †UªW emv‡bv m¤¢e n‡j (R:R=1:2) ‡UªW GKwU em‡e Ab¨_vq Pending order em‡e| Peding order Gi Ae¯’vb Febonceci Øviv wbwðZ n‡Z n‡e|  

2| Kvjvi Histogram Øviv Day I H 4 GbvjvBwmm Ki‡Z n‡e Ges Line PvU© Øviv Day PvU© G Overbought I Oversold wbwðZ n‡Z n‡e| mvßvwnK I gvwmK Candle ‡`L‡Z n‡e|

3| Currency Sheet Gi Øviv me‡P‡q kw³kvjx I me‡P‡q `ye©j Currency evwni Ki‡Z n‡e|

4| Lot size 0.01 n‡e Ges mKj †ÿ‡Î Support I Resistence eivei SL I TP _vK‡ZB n‡e|

5| Trade emv‡bvi gZ Ae¯’v bv _vK‡j Aek¨B Pending order 0.01 j‡U n‡e mv‡_ Aek¨B SL I TP _vK‡ZB n‡e|

6| Risk I Reward n‡e- 1:2 A_ev 1:3 (Best)|

7| Equity Gi Dci m‡e©v”P 2% †_‡K 5% ch©šÍ Risk ‡bIqv ‡h‡Z cv‡i|

8| Support I Resistance eivei Pjgvb Trade Ges Pending order Gi †ÿ‡Î SL I TP _vK‡ZB n‡e| 

9| High Impact News Gi c~‡e©i 02 N›Uv I c‡ii 02 N›Uv g~j †UªwWs GKvD›U ¸‡jv‡Z Aek¨B †Kvb †UªW _vK‡eB bv| Z‡e Ab¨ GKwU †QvU GKvD‡›U (50-100 Wjvi) Support I Resistance Gi Dc‡i Ges bx‡P K‡qKwU ¯Í‡i Buy Stop I Sell Stop w`‡q News ‡UªW Kiv hv‡e|

10| Money Management kZfvM bv gvb‡j GKvD›U †h‡Kvb mgq Zero ev µvk n‡eB|

11| Myfxbook, Forexfactory, Dailyfx, Investing, ewYK evZ©v BZ¨vw` mvBU¸‡jv Analyze Ki‡Z n‡e|

12| News Sheet-G Myfxbook ‡_‡K mßv‡ni mKj News Record Ki‡Z n‡e|

13| Forex Factory ‡_‡K Traders view fvj fv‡e †`L‡Z n‡e|

14| GKvwaK †UªW Kv‡j Myfxbook ‡_‡K co-relation ‡`L‡Z n‡e|

15| Investing ‡_‡K Pair wUi Technical Analysis, Candle I Ab¨vb¨ w`K †`L‡Z n‡e|

16| Kzwg‡ii b¨vq †UªW emv‡Z n‡e| g‡bivL‡Z n‡e Market-G cÖwZw`b I mKj mgq ‡UªW emv‡bvi gZ Ae¯’v _v‡K bv|

17| †Kvb fv‡eB Overtrade Kiv hv‡e bv Ges 0.01 Gi †ekx j‡U Trade Kiv hv‡e bv|

18| me mgq eo jU Gi cwie‡Z© †QvU j‡U †ekx wccm Target Ki‡Z n‡e|

19| Trailing stop cÖ‡qvRb ey‡S e¨envi Ki‡Z n‡e|

20| High Impact New QvovI Ab¨vb¨ News G Market Gi eo ai‡Yi Movement n‡q _v‡K- Bnv Aek¨B g‡b ivL‡Z n‡e|

21| News hw` High impact nq †m mgq g~j GKvD›U ¸‡jv‡Z Aek¨B †Kvb †UªW _vK‡eB bv| Z‡e Ab¨ GKwU 50 USD ev 100 USD GKvD›U-G K‡qKwU ¯Í‡i (0.05-0.10-0.20.0.50-1)-Gfv‡e BUY Stop I Sell Stop Order-Support I Resistemce Gi gv_vq w`‡q Ges Market Movement-G fvjfv‡e bRi †i‡L †UªW Kiv hv‡e|

22| MT-4 Chart-G fvjfv‡e Trend Line AvuK‡Z n‡e|  

23| 3wU GKvD›U _vK‡e, GKwU‡Z Day Trade, GKwU‡Z Long Trade I GKwU †QvU GKvD›U (20-50 Wjvi) G News mg‡q Trade n‡e|

24| mKj GKvD‡›U cÖwZwU †UªW Gi c~‡e© mv`v mx‡U Equity Gi †iKW© Aek¨B ivL‡Z n‡e|

25| Relax wbqwgZ Ki‡ZB n‡e|

26| kvwiixK I gvbwmK Ae¯’v mKj mgq fvj ivL‡ZB n‡e|

27| Av‡eM I †jvf kZfvM cwinvi Ki‡ZB n‡e Ges Av‡eM I †jv‡fi Kvi‡Y Aek¨B Trade emv‡bv hv‡eB bv|

28| mKj †ÿ‡Î kZfvM Discipline gvb‡ZB n‡e Ges Aek¨B Forex Avmw³ I AbjvBb Avmw³i wkKvi nIqv hv‡eB bv|
 

###### WORLD FAMOUS- --- MOVING--12,26,100 + MACD-HISTOGRAM

 ALWAYS MIND IT THAT "DAY IS THE TREND & H4,H1 IS ENTRY POINT. 

http://fxfundmanage.blogspot.com/

DEFINITION of 'Trading Psychology'

The emotions and mental state that dictate success or failure in trading securities. Trading psychology refers to the aspects of an individual’s mental makeup that help determine whether he or she will be successful in buying and selling securities for a profit. Trading psychology is as important as other attributes such as knowledge, experience and skill in determining trading success. Discipline and risk-taking are two of the most critical aspects of trading psychology, since a trader’s implementation of these aspects is critical to the success of his or her trading plan. While fear and greed are the two most commonly known emotions associated with trading psychology, other emotions that drive trading behavior are hope and regret.

'Trading Psychology'For an understanding of trading psychology, consider some examples of the emotions associated with it.

Greed is an excessive desire for wealth. 
http://fxfundmanage.blogspot.com/

Successful traders have some common psychological traits that contribute to their success. These traits include: –

• Know your limits and do not over trade.
• Risk management is the key to preserving trading capital and attaining trading success.
• Maintain trading discipline at all times.
• Know the difference between not fighting the trend and following the herd.

·  Emotional Neutrality'

The concept of emotional neutrality arises out of the typical human reaction to profits and losses -- investors are typically pleased when their trades produce profits and unhappy when their trades produce losses. However, if investors are able to remove the impact that their emotions have on their trading decisions, proponents of emotional neutrality contend that doing so will result in improved trading performance.