Author: Joshua Matumo

FOREX TRADING VS PARETO PRINCIPLE

Quick question. When was the last time you came across something so profound, a golden nugget of wisdom, so real that you couldn’t keep your calm? Fighting the surging urge to pick your phone and ring your best friend about

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WHY YOU MUST NEVER SHARE YOUR OPEN TRADES PUBLICLY

In the legal profession, lawyers and advocates are always guided by one major ethical code throughout their practice, whether in the courts or their outdoor legal engagements; they must never disclose or discuss details shared to them by their clients

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FOREX TRADING AS A BUSINESS

What comes to your mind when you hear or think about forex trading? What makes you wake up every day to open the markets and initiate positions? Is it the excitement that comes with the ever volatile currency markets where

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HOW TO HANDLE LOSSES IN TRADING; WITH A TOUCH OF LIFE & LOSSES

It’s been a while since I put my pen to paper. It’s 2.17 am, I sit at my desk at home, my eyes fixated on my pen. We have this bond, one that is bound by honor and service. And

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WEEKLY ANALYSIS TRADE SETUP: EURCAD – (21ST – 25TH DECEMBER, 2020)📈📊💰

EURCAD Breakout on the upside of a descending channel within an uptrend is a good continuation indicator of the 11 month uptrend. SUMMARY. Zooming in to a lower timeframe will give you a better position to time the entry to the

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WEEKLY ANALYSIS TRADE SETUP: GBPAUD – (26TH – 30TH OCTOBER, 2020)📈📊💰

GBPAUD Weekly pin bar forming at the near term resistance level is a potential bearish sign especially when followed by a confirmation  candle. SUMMARY. Following bearish price action confirmation on a lower timeframe you may expect a price waterfall Disclaimer:

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WEEKLY ANALYSIS TRADE SETUP: AUDJPY – (31 AUG – 4 SEP, 2020)📈📊💰

AUDJPY An uptrend lasting the past 6 months has recently been punctuated by a rising triangle that has had a breakout on the upside that happened last week. SUMMARY. Confirmation of the breakout on lower time frames is ideal in joining the

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WEEKLY ANALYSIS TRADE SETUP: NZDCAD – (24 – 28 AUGUST, 2020)📈📊💰

NZDCAD Looking at the double bottom formed by the recent price action, price rallied in the form of a rising channel slightly past the neckline after making the second bottom. Weeks later the channel broke out on the downside. SUMMARY. Ensuing

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WEEKLY ANALYSIS TRADE SETUP: EURCAD – (21ST – 25TH DECEMBER, 2020)📈📊💰

EURCAD Breakout on the upside of a descending channel within an uptrend is a good continuation indicator of the 11 month uptrend. SUMMARY. Zooming in to a lower timeframe will give you a better position to time the entry to the

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MASTERING YOUR TRADING PSYCHOLOGY

Even though you may have the expertise in Forex Trading, that is not the only factor that determines your long term success as a Forex trader. You may have all the knowledge and the know-how on Forex trading strategies, efficient

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