Príspevky jameshilliard1'| Myfxbook

Aspire v Obchodné systémy Oct 25, 2024 at 14:09

The history shouldn't be. I will double check. Thanks for pointing that out.

Aspire v Obchodné systémy Oct 20, 2024 at 13:04

Free indicator and EA or free copy trade? Which would you prefer?

Aspire v Obchodné systémy Jul 31, 2024 at 23:40

📈 Exploring Ideal Competition in Forex Markets 🌍Hey Team,Ever pondered why the forex market is often regarded as the pinnacle of perfect competition? 🤔 Let's explore what makes this market so exceptionally competitive and why it stands out among financial markets.Countless Participants: Unlike other markets, the forex market features an extensive number of players – from major banks and financial institutions to individual traders like us. This vast number ensures that no single entity can control the market, promoting a fair playing field.Uniform Products: In forex, we're dea...

Aspire v Obchodné systémy Jul 24, 2024 at 13:26

Staying on the right side of the trend is crucial for any trader, and Dr. Barry Burns' 5 Energies strategy offers a comprehensive framework to achieve this. The 5 Energies—Price, Pattern, Momentum, Strength, and Time—work in synergy to provide traders with a clear and actionable view of market trends. Here's how each energy contributes to keeping you on the right side of the trend:### 1. PricePrice is the most fundamental energy, reflecting the current state of the market. In the 5 Energies strategy, price analysis begins with identifying the overall trend direction. This c...

Aspire v Obchodné systémy Jul 23, 2024 at 13:15

The Aspire trading system exemplifies a carefully developed method for swing trading that emphasizes high standards over frequency. Its core tenet is that trades are initiated solely when the odds of success are markedly high. This disciplined approach means that trading activity is reduced, sometimes limited to only a few trades each month. However, this restraint increases the chances of profitable results and reduces undue risk.

Aspire v Obchodné systémy Jul 22, 2024 at 22:20

If you’re looking to generate returns from a few positions that deliver high profits, then you’re probably a medium or long-term trader. This approach allows for the luxury of patience, letting your investments mature and ride out short-term market fluctuations. While there are numerous trading strategies tailored for longer-term traders, one of the most prevalent and effective methods is swing trading.What is Swing Trading?Swing trading is a strategy that involves holding positions for several days to weeks, aiming to capitalize on expected upward or downward market shifts. Unlike...

Aspire v Obchodné systémy Jul 20, 2024 at 13:12

Let's dive into how following the principles of continuous learning, simplicity, patience, courage, and worldly wisdom can significantly boost your success in trading.Continuous LearningTrading is an ever-evolving landscape, influenced by global events, market psychology, and economic shifts. Embracing a mindset of continuous learning ensures that you stay ahead of the curve. This doesn't just mean staying updated with market news, but also learning from past trades, both wins and losses. Reading books, attending seminars, and engaging with other traders can provide fresh insights and ...

Aspire v Obchodné systémy Jul 19, 2024 at 19:52

The Aspire Trading System: Precision Over Volume in Swing TradingThe Aspire trading system is a carefully designed approach to swing trading that emphasizes quality rather than quantity. The central tenet of this system is executing trades only when the probability of success is significantly high. This disciplined strategy often results in fewer trades, sometimes just one or two per month, but it enhances the likelihood of profitable outcomes and minimizes unnecessary risk.The Essence of Swing TradingSwing trading involves capturing short- to medium-term gains in a stock (or any financial ins...

Aspire v Obchodné systémy Jul 15, 2024 at 22:13

Hey, fellow traders! 🚀Ever wondered why some of the best traders still rely on manual trade entries despite the allure of automation? Here’s why:1. Human Intuition > AlgorithmsNo algorithm can replicate the nuance and intuition of a seasoned trader. The market is a dynamic entity, and our brains are wired to detect patterns and anomalies that bots might miss.2. AdaptabilityMarkets are constantly evolving. While automated systems follow rigid rules, manual trading allows for flexibility. You can adapt to breaking news, sudden market shifts, and emerging trends in real-time.3. Lear...

Aspire v Obchodné systémy Jul 15, 2024 at 12:16

Crafting a swing trading system involves drawing on multiple powerful concepts. Dr. Barry Burns' 5 energy strategy serves as the foundation, emphasizing the significance of grasping market energy through various lenses—trend, momentum, cycle, support and resistance, and fractals. Over the past five years, I've diligently integrated these insights into a comprehensive system aimed at not only spotting lucrative opportunities but also managing risks to ensure consistent growth.Richard Koch's The 80/20 Principle profoundly influenced my approach. The idea of focusing on a specif...

Aspire v Obchodné systémy Jul 12, 2024 at 12:31

Mastering Swing Trading with Dr. Barry Burns' 5 Energy Strategy and Richard Koch's 80/20 PrincipleI've embarked on a fascinating journey to build a swing trading system that aims to provide consistent gains. The foundation of this system is Dr. Barry Burns' renowned 5 Energy Strategy, a robust framework designed to harness the key market energies for profitable trading.However, instead of casting a wide net over the entire forex market, I've chosen to specialize in just one currency pair. This focused approach stems from Richard Koch's 80/20 Principle, which posits that...

Aspire v Obchodné systémy Jul 10, 2024 at 12:18

Why I Think Manual Trade Entries Outshine Automated Trades in ForexHey everyone,I get asked a lot about why I prefer using indicators for manual trade entries over automated trades in the forex market. Let's dive into it:1. Human Intuition and AdaptabilityNo algorithm can match the power of human intuition. We can adapt to market nuances and sudden news events that automated systems might miss. Indicators provide us with real-time data, but it's our unique perspective and experience that truly guide successful trades.2. Customization and FlexibilityWith manual trading, you can customiz...

Aspire v Obchodné systémy Jul 09, 2024 at 13:01

📈 Unveiling the Perfect Competition in Forex Markets 🌍Hey Tribe,Ever wondered why the forex market is often hailed as the epitome of perfect competition? 🤔 Let's dive into what makes this market so uniquely competitive and why it stands out among financial markets. Infinite Players: Unlike other markets, the forex market boasts a vast number of participants – from major banks and financial institutions to individual traders like you and me. This sheer volume ensures that no single entity can dominate the market, fostering a level playing field. Homogeneous Products: In forex...

Aspire v Obchodné systémy Jul 08, 2024 at 00:37

Embracing Market Energy: The Aspire Trading SystemThe Aspire Trading System draws inspiration from the renowned Dr. Barry Burns' 5 Energy Strategy, which provides a comprehensive approach to trading by emphasizing the importance of understanding market energy in its various forms: trend, momentum, cycle, support and resistance, and fractals.A Comprehensive Approach to TradingDr. Barry Burns' 5 Energy Strategy breaks down market dynamics into five critical components: Trend: Recognizing the market direction, whether it's moving upwards, downwards, or sideways. Momentum: Measur...

Start Trading as newbie v Obecné Jul 05, 2024 at 19:58

I personally like forex.com. Other brokers I like are PlexyTrade and FxSway.

Start Trading as newbie v Obecné Jul 05, 2024 at 19:54

If you are still learning these fundamentals (strategy, indicators, etc), I would suggest starting with a demo account. Once the fundamentals are understood and you can be consistent on a demo, then move on to live trading.

Aspire v Obchodné systémy Jul 05, 2024 at 16:45

Embracing Market Energy: The Aspire Trading SystemThe Aspire Trading System draws inspiration from the renowned Dr. Barry Burns' 5 Energy Strategy, which provides a comprehensive approach to trading by emphasizing the importance of understanding market energy in its various forms: trend, momentum, cycle, support and resistance, and fractals.A Comprehensive Approach to TradingDr. Barry Burns' 5 Energy Strategy breaks down market dynamics into five critical components: Trend: Recognizing the market direction, whether it's moving upwards, downwards, or sideways. Momentum: Measur...

Aspire v Obchodné systémy Jul 02, 2024 at 14:03

The Aspire trading system is inspired by the Dr Barry Burns and his 5 energies trading strategy. Here is a short video of Dr Burns describing the strategy: https://youtu.be/ba9bCrLi3YE?si=quOWmv9uMT1py5UIFeel free to follow along on Telegram, where trade alerts will be posted. The link is in the description of the system. Join me as we navigate the forex market with precision and expertise, aiming for consistent gains and financial growth.

Aspire v Obchodné systémy Jun 29, 2024 at 14:32

### The Aspire Trading System: Precision Over Volume in Swing TradingThe Aspire trading system is a meticulously crafted approach to swing trading that prioritizes quality over quantity. This system is designed with a fundamental principle: trades are only executed when the probability of success is significantly in our favor. This disciplined methodology often results in fewer trades, sometimes just one or two per month, but it enhances the likelihood of profitable outcomes and minimizes unnecessary risk.#### The Essence of Swing TradingSwing trading involves capturing short- to medium-term g...

Aspire v Obchodné systémy Jun 29, 2024 at 11:28

July EUR/USD Seasonality Key PointsThe start of a new month provides an excellent chance to examine the seasonal trends that have impacted EUR/USD since the Bretton Woods system ended in 1971, leading to the modern forex market.Historically, July has been a slightly bullish month for EUR/USD, with an average gain of +0.32% over the past 50+ years. Following a weak performance in June (-1.3% as of writing), EUR/USD bulls are hoping for a rebound as we progress through the summer. Traders, in general, are also hoping for some volatility to break the tight range that has persisted since the begin...

EURUSD	1.04672	GBPUSD	1.26572	AUDUSD	0.62927
USDJPY	149.371	USDCAD	1.43538	USDCHF	0.89676

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