Psycho

Hi everyone! Today I show you a Eur/Usd chart. You can see my PRZ inside the yellow circle, the 2.24 (red circle) was hit... and provide us a great signal to enter. See the chart below.

As you see I draw AB=CD pattern (pink lines) and maybe many enter; they sell and taking a position using that criteria and is ok. Maybe faced a small trades or Break even trades, but the pattern still valid. Have you see a divergence on MACD (Yellow line)? Patience ever rewards.

The 2.24 (2.259 in the cart above) are part of seconday harmonic numbers. Inside this case was work pretty well as you see in the chart above. Take a look at those levels and test. Train your mind.


The psychological aspect in trading is primordial and many other things in our daily lives required. Not just skills make us succeed, because our thoughts sometimes play tricky games inside our minds. Maybe you have heard some of these words: “Never trade what you think… Just trade what you see” Many scammers use this phrase saying: Robots no have emotions (the mean reason because many traders lose money in the markets) of course you not need to eliminate your emotions at all, because is impossible, you just need control them.  A robot not works and never works because the markets are very dynamic… who’s tried to send you a genius Robot, just is trying sell you a Dream: make a ton of pips every week, make you rich in a few months… But that is other story. You need be focused in your goals to be successful. Never do that stupid thing from the Movie “The Secret” In my opinion you not need to think beauty and positive things all the day with your arms crossed. That is ridiculous; what the matter with you? Are you insane? Maybe you have that idea inside your mind: I want to be rich… very powerful tough about. Monday, Tuesday, Wednesday, Thursday and the entire week. Positive mind 24hr daily focused in be rich. How you reach that goal? You need only one trade 500:1 and a lucky monkey who’s click your buy or sell button: You expect make 1000 pips because you have positive toughs about be rich? Have sense? Of course is possible someone say… But think about the probability… safer and more cheaply is buy a lottery ticket.
 Ok, more of that in the next post. Have a great weekend everyone.