Monthly Archives July 2020

Top 3 Reasons Why Traders Fail Even Before They Begin Trading

     The Alarming Statistics Behind Why Traders Fail  Without the shadow of a doubt, the scariest statistics you will ever hear about the horrors of trading is probably the one that states that 90% of all retail traders fail.   Another statistical fact you might have come across is that almost 80% of all day traders quit within the first two years of trading.   Unfortunately, this is the sad truth about trading.   The good news is, the failure rates are gradually coming down in recent years according to some liquidity providers.   But with the odds stacked so badly against traders, why are there still so many newbies
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NZDUSD Elliott Wave Analysis ( 03-07-20 )

    NZDUSD Elliott Wave Analysis     Forex Pair : NZD/USD       Date : 3rd July 2020       Time Frame : 4 Hr         A-Leg In The Larger Degree     Let’s recap our NZDUSD Elliott Wave analysis when it began the reversal move.       The rally on the Kiwi started on the 19th of March 2020.       Similar to the Aussie, the Kiwi is also considered a “Commodity” currency.       Hence, its movement can sometimes be quite similar to its neighbor currency.      
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