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Another rant about forex expectations and work ethic.

This will be another rant following my previous post about the expectations some people have when going into forex.
I started trading just over a year ago. I did not go into forex thinking I was going to get rich quick. I knew it would be a massive learning curve and it may take me upwards of 5 years to make any sort of money. Because I accepted these facts before I started, I did not get frustrated at any point during my learning journey. I did not feel helpless when yet another one of my techniques failed. I didn’t quit. I knew I just had to keep going and eventually, I would see success.
I also knew that as long as I remained consistent I would get there NO MATTER WHAT. You also have to want it bad. For the past year, I have woken up at 5am every single day before my rubbish warehouse job, and studied. Same in the evening. Why? Because it gives me more time to learn, and the more time = learn quicker. On my days off I literally sit all day and study/trade.
A lot of people come into forex thinking they will be able to quit their job within a few months, but their effort doesn’t reflect that. If your only putting in 2 hours a week to learn it will take a lot longer than someone who puts in 20 hours a week. And enough of the ‘oh but I don’t have time for that!’ - everyone can find time, as I mentioned with myself I work 50 hour weeks but I get up earlier. Simple as that. If you truly want something you will do whatever you can to get it.
To all new traders who are just starting out - accept that this may take years. Don’t get upset at other people who are seemingly millionaires after a year. They aren’t.
Rant over.
submitted by zor600 to Forex [link] [comments]

Forex Expectations (BEGINNER)

i want to start learning forex i know 90-95% fail etc and it takes years, and you will not get rich in 3 weeks
is 1% -2% return monthly achievable? (i understand how compound works)
how much would it take me to get there w/o a mentor and a lot of hard work?
i just want to know what to expect
submitted by redditorcap to Forex [link] [comments]

[LiveSquawk] Sanofi 4Q17 Earnings Results (At Constant Forex): Expects Business EPS To Rise Between 2Pct-5Pct -Recorded Impairme… https://t.co/wJ06KAkkbI

[LiveSquawk] Sanofi 4Q17 Earnings Results (At Constant Forex): Expects Business EPS To Rise Between 2Pct-5Pct -Recorded Impairme… https://t.co/wJ06KAkkbI submitted by jeff98379 to newstweetfeed [link] [comments]

Realistic expectations from Forex trading

I'm very into long term investment and FIRE. The people from those communities usually see trading as a sure way to lose money. Also, there are many self-proclaimed gurus that try to sell the idea that trading is easy and that you can quit your 9-5 job and live off trading in no time. In my eyes this sounds delusional and scammy. I'm very sceptical about making money with trading. I'd be fighting against investment banks whose budgets are counted in the millions; they can buy software and hardware and hire the best candidates to trade.
Do I really have a chance to make money consistently? If so, what's a realistic expected return? How much do you guys make per year, and how many years of experience do you have?
submitted by floressas1729 to Forex [link] [comments]

The US Non-Farm Payroll is due this week. Employment is a crucial economic data. Expectations and reactions to the release may not be straightforward. ​​​​​​​What does this means for your forex trading?

What is the US Non Farm Payroll Report?
submitted by Koala_Confused to Learn_Forex_Trading [link] [comments]

#USDCAD #WaveAnalysis ~~ The counter has been consolidating in a sideways correction for the last few days.~~ It could be interpreted as an ABC correction and recent down move as wave B~~ We expect pair to find support in this zone head higher. https://traderpulse.com/forex-analysis-app/#pricing

#USDCAD #WaveAnalysis ~~ The counter has been consolidating in a sideways correction for the last few days.~~ It could be interpreted as an ABC correction and recent down move as wave B~~ We expect pair to find support in this zone head higher. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#CrudeOil #WaveAnalysis The strong upmove from below zero levels in the crude oil was consolidating for last few months. It could be interpreted as wave 4 of #Elliotwave. We expect pair to be strongly bullish after it crosses resistance at 41.90. https://traderpulse.com/forex-analysis-app/#pricing

#CrudeOil #WaveAnalysis The strong upmove from below zero levels in the crude oil was consolidating for last few months. It could be interpreted as wave 4 of #Elliotwave. We expect pair to be strongly bullish after it crosses resistance at 41.90. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#USDCHF #WaveAnalysis The counter has been in a #downtrend since the start of this year. The consolidation last few months could be interpreted as wave 4. Now it is on the brink of rendering a #bearishbreakout and we expect it to complete wave 5. https://traderpulse.com/forex-analysis-app/#pricing

#USDCHF #WaveAnalysis The counter has been in a #downtrend since the start of this year. The consolidation last few months could be interpreted as wave 4. Now it is on the brink of rendering a #bearishbreakout and we expect it to complete wave 5. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#EURUSD #WaveAnalysis The counter had completed its long-term wave 4 with an ABC correction. It had bounced off from the lows strongly by crossing the resistance at 1.1706. We expect the pair to race away to highs and complete the wave 5. Get it: https://traderpulse.com/forex-analysis-app/#pricing

#EURUSD #WaveAnalysis The counter had completed its long-term wave 4 with an ABC correction. It had bounced off from the lows strongly by crossing the resistance at 1.1706. We expect the pair to race away to highs and complete the wave 5. Get it: https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#EURUSD #TechnicalAnalysis As we suggested earlier the counter is in an ABC correction and pushed down at the resistance zone.The #bearishflag formation has also broken down, validating the wave C. We expect the pair to be bearish in the shortterm.https://traderpulse.com/forex-analysis-app/#pricing

#EURUSD #TechnicalAnalysis As we suggested earlier the counter is in an ABC correction and pushed down at the resistance zone.The #bearishflag formation has also broken down, validating the wave C. We expect the pair to be bearish in the shortterm.https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#CHFJPY #WaveAnalysis After completing a 5-wave bull cycle, the counter is currently in an ABC correction phase. It is now at a strong #priceactionsupportzone and at the final stage of wave A. We expect the pair to be #bullish in the near-term. https://traderpulse.com/forex-analysis-app/#pricing

#CHFJPY #WaveAnalysis After completing a 5-wave bull cycle, the counter is currently in an ABC correction phase. It is now at a strong #priceactionsupportzone and at the final stage of wave A. We expect the pair to be #bullish in the near-term. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#USDCAD #TechnicalAnalysis ~~ The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout. ~~ Now, it has taken down a #bearishtrendline as well. ~~Hence, we expect the pair to be bullish in the short-term. https://traderpulse.com/forex-analysis-app/#pricing

#USDCAD #TechnicalAnalysis ~~ The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout. ~~ Now, it has taken down a #bearishtrendline as well. ~~Hence, we expect the pair to be bullish in the short-term. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#EURUSD #TechnicalAnalysis As we mentioned in our previous post, 1.18700 is a strong resistance for EUR/USD. Now, it has formed a #headandshoulder at the zone and is coming strongly. We expect the pair to be #bearish in the near-term. https://traderpulse.com/forex-analysis-app/#pricing

#EURUSD #TechnicalAnalysis As we mentioned in our previous post, 1.18700 is a strong resistance for EUUSD. Now, it has formed a #headandshoulder at the zone and is coming strongly. We expect the pair to be #bearish in the near-term. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#AUDCHF #WaveAnalysis ~~ After completing a #bearishcycle, the counter is limping up to complete ABC correction. ~~ It is forming a wave A in the form of a #bearishflag. ~~ We expect it to render a #bearishbreakout to form wave B. https://traderpulse.com/forex-analysis-app/#pricing

#AUDCHF #WaveAnalysis ~~ After completing a #bearishcycle, the counter is limping up to complete ABC correction. ~~ It is forming a wave A in the form of a #bearishflag. ~~ We expect it to render a #bearishbreakout to form wave B. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#USDCHF #WaveAnalysis ~~ The counter is currently in an ABC correction. ~~ It is now in its final stage for wave B looking out for support. ~~ We expect the pair to find its support around the current price point and head higher. https://traderpulse.com/forex-analysis-app/#pricing

#USDCHF #WaveAnalysis ~~ The counter is currently in an ABC correction. ~~ It is now in its final stage for wave B looking out for support. ~~ We expect the pair to find its support around the current price point and head higher. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#EURUSD #WaveAnalysis The counter is currently forming an ABC correction. It is now in its second leg which is of the wxy wave form. Now, the pair is making a bullish move to complete the wave y. Hence we expect the pair to be bullish. https://traderpulse.com/forex-analysis-app/#pricing

#EURUSD #WaveAnalysis The counter is currently forming an ABC correction. It is now in its second leg which is of the wxy wave form. Now, the pair is making a bullish move to complete the wave y. Hence we expect the pair to be bullish. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#BTCUSD #WaveAnalysis ~~ #Bitcoin has been in a #bullish correction for the last few days. ~~ The limping move to the upside could be interpreted as wave B. ~~ Now, we expect a wave C move to the downside. Get the #freeanalysis now: https://traderpulse.com/forex-analysis-app/#pricing

#BTCUSD #WaveAnalysis ~~ #Bitcoin has been in a #bullish correction for the last few days. ~~ The limping move to the upside could be interpreted as wave B. ~~ Now, we expect a wave C move to the downside. Get the #freeanalysis now: https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#EURJPY #TechnicalAnalysis The counter has made a retest of the broken #headandshoulderneckline. It has made the retracement in the form of a #bearishflag and has broken down from it. Hence we expect the pair to be bearish in the short-term. https://traderpulse.com/forex-analysis-app/#pricing

#EURJPY #TechnicalAnalysis The counter has made a retest of the broken #headandshoulderneckline. It has made the retracement in the form of a #bearishflag and has broken down from it. Hence we expect the pair to be bearish in the short-term. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#NZDUSD #TechnicalAnalysis The counter has formed a #doubletoppattern in the short-term. Further, it has broken down with a #strongbearishcandle. Hence, we expect the pair to slide down from here. Get the #freeanalysis https://traderpulse.com/forex-analysis-app/#pricing

#NZDUSD #TechnicalAnalysis The counter has formed a #doubletoppattern in the short-term. Further, it has broken down with a #strongbearishcandle. Hence, we expect the pair to slide down from here. Get the #freeanalysis https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

#USDJPY #TechnicalAnalysis ~~The counter broke the resistance of 105.8 but was unable to sustain above it. ~~ It has then encountered a strong sell-off and has broken a #bullishtrendline. ~~ We expect the pair to be #bearish in the near-term. https://traderpulse.com/forex-analysis-app/#pricing

#USDJPY #TechnicalAnalysis ~~The counter broke the resistance of 105.8 but was unable to sustain above it. ~~ It has then encountered a strong sell-off and has broken a #bullishtrendline. ~~ We expect the pair to be #bearish in the near-term. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

Did you expect this sell-off in #gold? But Neural Trader did and so our users made a quick profit of 200 #pips. Want to be on the right side always? Get #NeuralTrader now. https://wetalktrade.com/velocity-finder-best-forex-trading-strategies/

Did you expect this sell-off in #gold? But Neural Trader did and so our users made a quick profit of 200 #pips. Want to be on the right side always? Get #NeuralTrader now. https://wetalktrade.com/velocity-finder-best-forex-trading-strategies/ submitted by Wetalktrade to u/Wetalktrade [link] [comments]

#BTCUSD #TechnicalAnalysis BTCUSD pair has been in the bullish movement. Now, it was consolidating @ 10894 after breaking the #symmetricaltrianglepattern. Hence, we are expecting that it will be rebound to the #upwardmovement in the near term. https://traderpulse.com/forex-analysis-app/#pricing

#BTCUSD #TechnicalAnalysis BTCUSD pair has been in the bullish movement. Now, it was consolidating @ 10894 after breaking the #symmetricaltrianglepattern. Hence, we are expecting that it will be rebound to the #upwardmovement in the near term. https://traderpulse.com/forex-analysis-app/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

Trading Expectations: How They Determine Your Trading Results 04_realistic expectations for forex trading - YouTube The False Expectations of the Forex Market - #1 DOUBLE FOREX SCALPING STRATEGY  200+ PIPS  Forex Trading ... Managing Expectations with Forex Trading by Darko - YouTube Forex Weekly Expectations  FX & GOLD 20/01/2020 - YouTube

must try to manage your Forex expectations. First of all, what are the expectations? Let’s be honest, and it is impossible to set aside expectations because everything in this world is based on expectations. Even the most successful Forex trader would have entered the market with some expectations. However, the important point is related to the way you handled the market expectations. If you ... View forex and gold market outlook predictions and analysis for the week ahead - covering the major currencies. Forex Forecast, Foreign Exchange Rate Predictions with Prognosis Chart 2020-2021 Showing 1-100 of 4,152 items. Forecast Range Filter. From % To % Filter Reset / Default. Name FX Rate 7d Forecast 3m Forecast 1y Forecast 5y Forecast Forex Rate Graph (1y) EUR/USD (EURUSD) 1.18252: Join Now! -1.14805 %-1.6692 % ... Realistic Expectations in the Forex Trading. by Amjid Afridi Jan 27, 2020 Geen categorie 0 comments. You probably want to have at least some idea of how much you actually want to make (or lose) trading, if you are thinking of beginning trading currencies through forex trading. You have so many dreams about your career and realistic expectations when you just enter the Forex market. You ... Expectations Decline Considerably. From zew.de. The ZEW Indicator of Economic Sentiment for Germany declined very sharply in the current October 2020 survey, plummeting 21.3 points to a new reading of 56.1 points. By contrast, the assessment of the economic situation in Germany improved again, and currently stands at minus 59.5 points, 6.7 points higher than in September. “The ZEW Indicator ... Many forex traders have already “priced in” consensus expectations into their trading and into the market well before the report is scheduled, let alone released. As the name implies, pricing in refers to traders having a view on the outcome of an event and placing bets on it before the news comes out. After nine months Pearson is on track to deliver an outturn broadly in line with market expectations. However, because of the pandemic, larger than usual uncertainties surround the fourth quarter, particularly in International." From a chartist’s point of view, the stock price is escaping from a broadening wedge pattern while the 20/50DMAs are validating a bullish cross. The daily Relative ... The ZEW Indicator of Economic Sentiment for Germany has once again taken a sharp decline in the current November 2020 survey, plummeting 17.1 points to a new reading of 39.0 points compared to the previous month. Having achieved a temporary high of 77.4 points in September 2020, expectations have ... FOREX.com is a trading name of GAIN Capital UK Limited. GAIN Capital UK Ltd is a company incorporated in England and Wales with UK Companies House number 1761813 and with its registered office at Devon House, 58 St Katharine’s Way, London, E1W 1JP. GAIN Capital UK Ltd is authorised and regulated by the Financial Conduct Authority in the UK, with FCA Register Number 113942. GAIN Capital UK ... The Forex Forecast Poll is a sentiment tool that highlights near- and medium-term price expectations from leading market experts. Unique sentiment indicator with a 5-year history; For 10 currency ...

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Trading Expectations: How They Determine Your Trading Results

Forex Trader Mistakes, why the majority of retail Forex traders enter the markets with the wrong expectations and how they can start improving this mindset to achieve realistic goals. All about Trading in Forex and Binary Option Marked. Video Name: Forex Weekly Expectations FX & GOLD 20/01/2020 ... Forex Trading is a skill that needs to be learned, just like with any other profession. In his latest Vlog, Darko talks about the extremely important subject... Small Account, Big Profits: http://bit.ly/2Fr3oP0. Welcome to our first Forex Scalping Introduction with this new strategy. A scalping method ive been back testing the past couple weeks with great results. Le... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

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