Jack Of All Trades, Master Of None
Having had the privilege to contribute to this website for just over a fortnight, you will have noticed
that my focus has been on no more than four or five currency pairs / cross currencies.
Within this modest choice, I have spotted infinite trading opportunities, which have been compounded by the intensely volatile movements in the market.
Recall from your recent mentoring programme - the key to successful trading lies in consistency.
I achieved this consistency by focusing on a small selection of currencies, very carefully chosen strategies and then repeating the pattern, time and time again.
Discover your trading personality, develop your trading plan, and become a "master" of one.
Below is the 60 minute chart for the AUDUSD.
Having demonstrated a significant downward march last Friday to the figure, price has now paused for a breather.
The weekly and daily time frames suggest that although the pace of decline may be slowing down, further feebleness may be found.
Momentum may be now building to charge back towards the figure and possibly reach out further to the next support and fib level close by.
AUDUSD 60 minute chart Advanced Get
Enjoy a commanding trading day!