Archive for March, 2017

  • The foreign exchange market is the market in which participants are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.

    GBPUSD PROFIT

    All charts line up. The candle was near the resistance on the 1 day chart. [Screengrab showing stop after the…

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  • USDCHF LOSS

    I got back into the trade for a third time. I used entry from support going back to 16.02.17. S1…

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  • Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    USDCHF LOSS

    After retesting my entry, I decided to jump in again. Trade went in the wrong direction before I could get…

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  • #forexschool #financial #strategy #bulls #bullish #forex #forexsignal #forexstrategy #fx #indicator #pips #profit #trade #trading #forextrader #dax #fed #forextrading #metatrader #system #technicalanalysis #forexlife #profits #oscilator #scalping #investing #lifestyle #watches #design #wealth

    USDCHF LOSS

    All charts line up. I entered using bullish ‘hammer’ candle on the 5 min chart. This was not near a…

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  • #forexschool #financial #strategy #bulls #bullish #forex #forexsignal #forexstrategy #fx #indicator #pips #profit #trade #trading #forextrader #dax #fed #forextrading #metatrader #system #technicalanalysis #forexlife #profits #oscilator #scalping #investing #lifestyle #watches #design #wealth

    GBPUSD BREAKEVEN

    The entire trade was wrong. I did not follow my system. I was very fortunate to get out at breakeven.

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  • Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    GBPUSD PROFIT

    All charts were in sync. I used the resistance on the 1 day chart, by using the Chikou span. The…

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  • What is Forex Trading? Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    USDJPY BREAKEVEN

    All charts line up, I used the cloud support on 1 day chart to gain entry. I was a little…

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  • DEFINITION of 'USD/CAD (U.S. Dollar/Canadian Dollar)' The abbreviation for the U.S. dollar and Canadian dollar (USD/CAD) currency pair or cross. The currency pair tells the reader how many Canadian dollars (the quote currency) are needed to purchase one U.S. dollar (the base currency).

    USDCAD LOSS

    The resistance on this chart was not clear. I entered based on bearish candle on the 5 min chart. The…

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  • Trailing Stop Limit Orders. ... A SELL trailing stop limit moves with the market price, and continually recalculates the stop trigger price at a fixed amount below the market price, based on the user-defined

    GBPUSD PROFIT

    I was a little late to get into the trade. I did not catch the pivot point , because…

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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.

    USDCAD BREAKEVEN

    My recent trades have not been great. My entry have been too early. Charts line up, so used pivot point…

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