ABC - Always Be Charting

What a crazy day for the Pound!   There is nothing like making 500 pips within minutes or even seconds.  Thank you Brexit :)  One can get caught up in the volatility and be distracted by all the noise.   Maybe not right away but give it 10, 20, 30 minutes, and if you aren't careful you can lose oversight.

Don't forget your ABC's!

Always Be Charting...  when you are waiting for a setup, as you're monitoring a trade, ever so often, review your charts from lowest to highest time frame,  look for Fibonacci's on news events, big moves, and be sure to check your support, resistance, and trendlines across multiple time frames and redraw where necessary.  You always want to stay on top of current market conditions and setups, so don't let all the noise distract you, stay on top of your game and keep on pipping!

Transferwise

When you're traveling you need money.  You don't want to schlepp a wad of cash around with you and bank ATM fees add up quickly.  Then there are ridiculous exchange rates.

If you are going to spend a lot of time in one country then it's best you open up an account there so you can easily transfer money between accounts. Or find a family member or friend whose account you can use.

Of course once you have a "local" account, you can still get dinged with wire transfer and bank fees.  Wait times.

All in all it's just a hassle, yeah I know first world problems right?  We are so used to using our debit and credit cards, making online payments, online transfers, that we take it for granted.

What to do?  Have a look at Transferwise

With Transferwise you can quickly and easily transfer money from a bank account in one country (and currency) to another bank account (and currency).
Click here for a FREE Transfer