Today's Forex Prediction - August 11, 2010

PAIR	TODAY'S PREDICTION
	MAX	MIN
EUR/USD	1.3173	1.3066
USD/JPY	87.66	86.02

See : How To Applying My Prediction

Yesterday Prediction Rate :
USD/JPY - ACCURATE (Average Error<50pips)
EUR/USD - FAILED (Average Error>50pips)

Today's Forex Prediction - August 10, 2010

PAIR	TODAY'S PREDICTION
	MAX	MIN
EUR/USD	1.3362	1.3179
USD/JPY	86.29	85.08

See : How To Applying My Prediction

Yesterday Prediction Rate :
EUR/USD - ACCURATE (Average Error<50pips)
USD/JPY - FAILED (Average Error>50pips)

Today's Forex Prediction - August 09, 2010

PAIR	TODAY'S PREDICTION
	MAX	MIN
EUR/USD	1.3345	1.3205
USD/JPY	85.50	84.40

See : How To Applying My Prediction

Yesterday Prediction Rate : NA

Today's Forex Prediction - Sorry, I'am on Vacation

I'm sorry if in this week I can't publish my prediction cause I'm on vacation with my family. Feel free to get my prediction next week. Succes with your trade :-)

Today's Forex Prediction - August 02, 2010

PAIR	TODAY'S PREDICTION
	MAX	MIN
EUR/USD	1.3081	1.2974
USD/JPY	87.69	86.34

See : How To Applying My Prediction

Yesterday Prediction Rate : ACCURATE (Average Error < 50pips)

The 25 Point Discipline For Day Trader - #17 And #18

I continue my post about The 25 Point Discipline For Day Trader. And below is the 17th and 18th point.
 
#17 NEVER TAKE A BIG LOSS.ONLY A BIG LOSS CAN HURT YOU.
Please review rules #5, #8, #10, #11 and #15. If you follow any one of these rules you will never violate rule #17.
Big losses prevent you from having a winning day. They wipe out too many small winners that you have worked so hard to achieve. Big losses also "kill you" from a psychological and emotional standpoint. It takes a long time to get your confidence back after taking a big loss on a trade.