Highest Open / Lowest Open Trade

EUR/USD +10 Pips
USD/CHF +15 Pips

Linked the account that I'm trying this strategy out to myfxbook:
http://www.myfxbook.com/members/Batu...system/2049407

I'm occasionally trying different things(Changing TP), and did have some wrong trades(placed buy instead of sell , didn't set a TP and SL and forgot about the trade, remembering some time later and closing it)

How Over Generalizations Keep Athletes Stuck

It's very easy for athletes to dwell on the past and carry it into the present, especially if their performance was not ideal.

When athletes dwell on past performances, they tend to feel less confident. They also worry that the same mistakes will repeat themselves.

When you are focused on the past, your ability to focus in the moment becomes split between what you are doing now and what just happened.

When you don't have 100% focus in the present moment, you hurt you ability to perform at your peak.

And for many athletes, they tend to think that the past will repeat itself, which I call an over generalization...

If a baseball player strikes out with the bases loaded, does that mean that player will strike out every time he steps to the plate with three runners on base?

When a gymnast misses the landing on the beam, does that guarantee that every future landing will be messed up?

If a golfer leaves a five-foot putt inches short of the cup, will that golfer forever miss every short-range putt?

These over generalizations in your thinking will keep you stuck in a rut.

How do you focus in the moment?

First, you need to expose these thoughts for what they truly are... falsehoods. The past has little impact over your present performance.

Secondly, you must realize every competition is a new challenge. You can learn from the past but this current competition is the only one that matters.

Lastly, you need to develop the mental skill needed to let go of the past and focus your attention and energies in the present moment.

Basketball star LeBron James believes the Cleveland Cavaliers are ready to defend their NBA title as the postseason, or new season, commences.

The Cavaliers have gone through tough times during the regular season: key injuries, lack of cohesive play, negativity as well as a four-game losing streak to close out the regular season.

James has preached to his team about the power of focusing on the task at hand and insists that his mind is solely focused on the challenge of the here and now, the Indiana Pacers.

JAMES: "I'm not going to harp on about what happened in the regular season through injuries, through good wins, through bad losses... At the end of the day I can’t have my mind focused on the past right now. The present is the only thing that matters."

If your head is stuck in the past, you are hurting your ability to be successful on the court, field, track or gym.

Try This for Focusing in the Present

1. Focus on the bull’s eye: The bull’s eye is your role in the game. Define what's the most important performance cues for your position or role.

2. Stop judging and assessing your past performance or mistakes. Quickly recognize you are thinking about the past, and refocus on the current play, run, or shot.

- Dr. Patrick J. Cohn

Right folks, that's the weekend knocking on the door.

Please remember the French elections begin in earnest this weekend. I really wouldn't be leaving any positions open, especially any including the Euro, not even with a hard-stop.

Have a good one and I'll see you all on Monday.

Continuous Improvement:
How It Works and How to Master It

http://jamesclear.com/continuous-improvement

"Progress often hides behind boring solutions and underused insights. You don’t need more information. You don’t need a better strategy. You just need to do more of what already works."

Who is taking the 10 trade challenge the week of April 23, 2017?

During the challenge you are only to trade the same pair.
Beginners do not get to trade multiple pairs until they have mastered trading one single pair.
GREEN PIPS TO ALL.
Cheers!

Market Structure

To Make Big Gains, Avoid Tiny Losses

http://jamesclear.com/subtraction

Two Paths to Improvement

The distinction we are making here is between improvement by addition vs. improvement by subtraction. Improvement by addition is focused on doing more of what does work: producing a faster car, creating a more powerful speaker, building a stronger table. Improvement by subtraction is focused on doing less of what doesn't work: eliminating mistakes, reducing complexity, and stripping away the inessential.
These concepts of addition and subtraction apply to many areas of life.

Education

1. Addition: become more intelligent, increase your IQ.
2. Subtraction: avoid stupid mistakes, make fewer mental errors.

Investing

1. Addition: earn more money, seek growth opportunities.
2. Subtraction: never lose money, limit your risk.

Do More of What Already Works

http://jamesclear.com/checklist-solutions

New Solutions vs. Old Solutions

We have a tendency to undervalue answers that we have already discovered. We under utilize old solutions—even if they are best practices—because they seem like something we have already considered.

Here’s the problem: “Everybody already knows that” is very different from “Everybody already does that.” Just because a solution is known doesn’t mean it is utilized.

Even more critical, just because a solution is implemented occasionally, doesn't mean it is implemented consistently. Every physician knew the five steps on Peter Pronovost's checklist, but very few did all five steps flawlessly each time.

We assume that new solutions are needed if we want to make real progress, but that isn't always the case.

A possible late-nighter...

Morning folks. Trade well today but something to bear in mind is a splash of the the red stuff today. CAD first and then USD via Crude news in the arvo.

This NAFTA-inspired madness could just give us a shape to get something out of...

How One Team Improves Mental Toughness

What is mental toughness in sports? How can it help you?

Mental toughness is the ability to cope with adversity, keep your confidence high, be focused, and stay composed in competition.

Mental toughness gives athletes the ability to perform to their highest potential under the most stressful conditions or important competitions.

Unfortunately many athletes have experiences similar to this athlete...

"I have been competing in multiple sports since I was young. I am pretty athletic and have great practices but I get so nervous before games...

Especially when a lot is riding on the game, like the playoffs. I wish I had more mental toughness, but I have no idea how to obtain this.”

Mental toughness helps you perform more consistently by improving focus, confidence and emotional control when under pressure.

Mental toughness fuels your ability to overcome obstacles such as mistakes, bad games, injuries and other setbacks.

Mental toughness gives you the motivation to learn the physical and mental skills necessary to compete your best against the toughest competition and to, ultimately, achieve your goals.

Oklahoma University senior captain Colin Van Wicklen talked about the necessity for the Sooner gymnasts to develop mental toughness in order to win a third straight National Championship.

WICKLEN: "A lot of it comes from mental toughness and the culture we’ve created. You have to have the ability to step up when the game is on the line and the lights are brightest and we have a lot of guys who really thrive under pressure."

I think you agree that mental toughness is critical for all athletes...

The next question is: How can you develop or improve your mental toughness?

You have to understand the ingredients to improve mental toughness.

The Sooners gymnastics team had an interesting technique for increasing their toughness.

WICKLEN: "We’ve done horse routines where we have people screaming at you and then next guy goes and it’s completely silent. We’ll switch directions on high bar, we’ll do vaults with the music off. We’re always doing things to make us uncomfortable in the gym so that when you are uncomfortable in the meet you will be ready."

Other strategies to develop mental toughness:

1. Focus on achieving your goals and, when things do go your way, learn and move forward.
2. Stay optimistic especially during rough patches.
3. Overcome fear of failure by getting in the habit of taking risks.
4. Identify situations where you normally backed down or were not mentally tough and find different ways to respond.
5. During difficult skills, training sets or practices have a "go-for-it" mentality.
6. In competition, use mentally tough self-talk such as, "I will be at my best," "Nothing can stop me," and, "I will push through."

Mental toughness does not happen by chance. You have to commit to mental toughness. It cannot be a once-in-a-while thing. You should commit to improving your mental game every day!

Try this mental toughness tip to keep you on track:

Set one mental toughness goal for each practice. For example, maybe you work on staying focused and using refocusing skills when you get off task.

Before you start practice, visualize yourself becoming distracted with school work or family life.

How would a mentally tough person refocus? What's the process for letting go of distractions from life and refocusing?

Remember, mental toughness is not about acting tough on the outside. Mental toughness is about what you are thinking on the inside!

- Dr. Patrick J. Cohn