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The Feeling of Traders on Weekends!

For many traders, the weekend is a time of anticipation and excitement. They can't wait to get back to the markets on Monday and start trading again. However, for other traders, the weekend can be a time of boredom and frustration. They miss the excitement of the markets and the feeling of being in control.

Non-traders may not understand why traders feel this way. They may think traders should be happy to break from the markets. However, for traders, the markets are more than just a way to make money. They are also a passion and a way of life.

When the markets are closed, traders lose their sense of purpose. They feel like they are missing out on something important. They may also start to worry about what is happening in the markets while they are away.

Of course, not all traders feel this way on weekends. Some traders are able to relax and enjoy their time off. However, for many traders, the weekend can be a difficult time. They miss the excitement of the markets and the feeling of being in control.

Here are some of the feelings that traders may experience when the markets are closed:

  • Boredom: Traders who are used to being constantly active may find the weekend to be very boring. They may not know what to do with their time and may start to feel restless.
     
  • Frustration: Traders eager to get back to the markets may feel frustrated when they cannot trade. They may start worrying about what is happening in the markets and feel like they are missing out on opportunities.
     
  • Anxiety: Traders concerned about the markets may start to feel anxious when they cannot trade. They may worry about losing money or missing out on opportunities.
     
  • Loneliness: Traders who are used to being surrounded by other traders may feel lonely on the weekend. They may miss the camaraderie of the trading floor and the sense of excitement that comes from being around other traders.

If you are a trader who feels this way on weekends, there are a few things you can do to cope:

  • Stay involved in the markets: Even though the markets are closed, you can still stay involved by following the news and reading financial publications. This will help you stay up-to-date on market developments and will make it easier to get back into the swing of things on Monday.
     
  • Find other activities to occupy your time: If you find yourself getting bored on weekends, try to find other activities to occupy your time. This could include spending time with family and friends, pursuing hobbies, or simply relaxing and enjoying your free time.
     
  • Talk to other traders: If you are feeling anxious or frustrated, talk to other traders who understand what you are going through. They may be able to offer you support and advice.

Remember, you are not alone. Many traders feel this way on weekends. By staying involved in the markets and finding other activities to occupy your time, you can make the weekend a more enjoyable time.
 

Have a great weekend!
Navid Jafarian

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Plan like a Genius! Trade like a Robot!

 

Plan 99% of your trades on the weekend.
Focus 100% on execution during the week.

Plan like a Genius!
Trade like a Robot!

The weekend is a great time to plan your trades for the week ahead. This gives you time to do your research, identify potential trade opportunities, and set your risk and reward targets. By planning your trades ahead of time, you can avoid making emotional decisions that could lead to losses.

Here are some tips for planning your trades on the weekend:

  • Do your research. This includes studying charts, reading news articles, and following economic data releases. The more you know about the markets, the better equipped you will be to make informed trading decisions.
  • Identify potential trade opportunities. Look for markets that are trending or that are showing signs of strength. You can also use technical analysis to identify potential entry and exit points.
  • Set your risk and reward targets. This will help you to stay disciplined and avoid over trading.

Once you have planned your trades, you can focus on execution during the week. This means being patient, waiting for the right opportunity to enter a trade, and sticking to your risk and reward targets.

Here are some tips for executing your trades:

  • Be patient. Don't try to force trades. Wait for the right opportunity to enter a trade.
  • Stick to your plan. Don't let emotions get in the way of your trading decisions.
  • Use stop losses. This will help you to limit your losses if a trade goes against you.
  • Take profits. Don't be greedy. Take profits when you reach your target.

By following these tips, you can increase your chances of success in the markets.

Here are some additional tips for planning your trades on the weekend:

  • Use a trading journal. A trading journal can help you track your progress and identify areas where you can improve.
  • Get feedback from a mentor or trading coach. A mentor or trading coach can help you develop your trading skills and avoid common mistakes.
  • Practice trading with a demo account. A demo account allows you to trade with virtual money so that you can test your strategies without risking any real money.

Following these tips can increase your chances of success in the markets.

Have a great weekend!
Navid Jafarian

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How to Trade the Forex Market on May 29, Memorial Day, and July 4, Independence Day!?

The forex market is closed on May 29, in observance of Memorial Day, and July 4, Independence Day in the United States.

Memorial Day is a federal holiday in the United States that honors the men and women who have died while serving in the U.S. military. It is a time to remember their sacrifice and to thank them for their service.

The 4th of July is also a federal holiday in the United States, commemorating the adoption of the Declaration of Independence on July 4, 1776.

The forex market is a global market that is open 24 hours a day, 5 days a week. However, it is closed on certain holidays, including Memorial Day and Independence Day, in the United States.

When the forex market is closed, there is less liquidity in the market. This means that there are fewer buyers and sellers, and prices are more likely to be volatile.

If you are planning to trade these days, it is important to be aware of the reduced liquidity and volatility. You should also be prepared to take on more risk.

Here are some tips for trading on a quiet day in the forex market:

  • Use smaller position sizes. When there is less liquidity in the market, it is important to use smaller position sizes. This will help you to manage your risk and to avoid large losses.
  • Avoid trading during times of high volatility. When the market is volatile, it is difficult to make accurate predictions about price movements. It is best to avoid trading during these times.
  • Focus on trading major currency pairs. Major currency pairs are the most liquid currency pairs, and they are the best to trade when there is less liquidity in the market.
  • Use technical analysis to identify trading opportunities. Technical analysis can be used to identify trading opportunities on a quiet day in the forex market. By looking at historical price charts, you can identify support and resistance levels, and you can identify potential trading signals.
  • Be patient and wait for good setups. When the market is quiet, it is important to be patient and to wait for good setups. Do not enter a trade just because you are bored. Wait for a good opportunity, and then enter the trade with a clear plan.

By following these tips, you can increase your chances of success when trading on a quiet day in the forex market.


Navid Jafarian

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Maximize Your Weekend Productivity: Learn Technical Analysis and Boost Your Forex Trading Profits!

As a forex trader, you know that staying ahead of the game is crucial to success. And one way to gain an edge is by improving your skills and knowledge in technical analysis. The good news? The weekends provide the perfect opportunity to do just that.

By dedicating your weekends to learning more about this method, you'll be better equipped to navigate the fast-paced world of forex trading. Don't make the mistake of overlooking the weekends as a time for learning. With fewer distractions and a more relaxed atmosphere, you can dive deep into technical analysis and absorb the information more effectively.

This will help you make more accurate predictions and capitalize on profitable opportunities in the market. So, how can you use your weekends to learn more about technical analysis? There are plenty of resources available to you, from articles to educational videos.

Check out Learn More Earn More for a wealth of information on the subject. By taking advantage of the weekends to improve your skills and knowledge, you'll be setting yourself up for success in the forex market. So, make the most of your downtime and watch your profits soar.

Have a great weekend!
Navid Jafarian

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Shooting Star Candlestick Pattern Definition

If there was a large rise in price in the middle of the day, but before the day ended it decreased to what it was at the beginning of the day and even less, a significant downward return occurred. The candlestick of this change (move) will be a "Shooting Star" in a daily time frame. A Shooting Star formation on the daily time frame is a very strong indication for a high probability of decreasing price in the next few days.

Hammer Candlestick Pattern Definition

If there was a large drop in price in the middle of the day, but before the day ended it increased to what it was at the beginning of the day and even more, a significant upward return occurred. The candlestick of this change (move) will be a "Hammer" in a daily time frame. A Hammer formation on the daily time frame is a very strong indication for a high probability of increasing price in the next few days.

Main rules of trading in financial markets

  1. First, identify the macro trends of the market and the probable reverse areas with the assistance of monthly and weekly time frames or more accurate daily frames. For this purpose, our Weekly Forecasts can be helpful.
  2. Second, in the daily time frame, select the charts which show you one of the main forecasting models of tomorrow’s market direction. To increase speed and accuracy, Daily Trading Opportunities Service identifies these kinds of charts. Please carefully choose the ones which are in the direction of the macro trends of market or in the probable reverse areas (as mentioned in the first rule).
  3. Finally, in the 1 hour and 30 minute time frames, find enter and exit places considering the support and resistance lines. Our Intraday Forecasts Service, which report some of the popular charts, can help you increase your accuracy.
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