Archive for 2016

  • USDCAD LOSS

    The trade probability was not great. I took the trade based on my system, but there were no clear resistance…

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  • Nonfarm payroll is a monthly report generated and reported by the U.S. Bureau of Labor.

    GBPUSD BREAKEVEN

    I got back in because of another opportunity and similar setup. My worry now is the support becoming resistance for…

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  • What is the non farm payroll? Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organization employees.

    GBPUSD PROFIT

    I missed an earlier move, but I was able to get back in after a retracement. As it is Friday,…

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  • When trading with currency, there is always risk involved. You can never be fully certain that a trend will follow

    USDJPY LOSS

    I am struggling to get trade entries. When I do, I get punished for not doing adequate risk appraisal. Trade…

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  • This is the most popular currency pair in the world, representing the world's two largest economies. The Euro was created to facilitate cross-border trade of European trading partners.

    EURUSD PROFIT

    I saw some resistance on the 1 day chart. The Ichimoku cloud helped to confirm the trade entry and resistance…

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  • A scalper is a type of trader that may dart in and out of a stock or other asset class dozens, or in some cases even hundreds, of times a day.

    USDCHF

    This was a scalp trade, I was in and out within 5 mins. My system was showing bullish in the…

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  • Trading losses are the amount of principal losses in an account. Because of the secretive nature of many hedge funds and fund managers, some notable losses may never be reported to the public. The list is ordered by the real amount lost, starting with the greatest.

    USDJPY LOSS

    I had almost 9 days of no trading. I made losing play today. I did not wait for correct RSI…

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  • This is the most popular currency pair in the world, representing the world's two largest economies.

    EURUSD PROFIT

    Got into EURUSD after quick glance through major pairs. I was initally concerenced that the $eurusd may not have bottomed…

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  • The USDCHF currency pair is often called 'The Swissie'. The Swiss Franc is the last Franc still in issuance in Europe. CHF is shorthand for 'Confoederatio Helvetica' Franc, and represents the economy of the neutral nation situation in the center of Europe.

    USDCHF PROFIT

    All charts line up on the 5,30 and 60 min charts. I got back into the volatile USDCHF. The bullish…

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  • The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world.

    USDCHF PROFIT

    I got back into the trade after 2 previous fails. The RSI and the bearish Sen turns were clear indication…

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