Archive for April, 2017

  • The British Pound against the US Dollar is one of the oldest currency pairings in the world.

    GBPUSD LOSS

    All charts line up. The price was breaking out the Ichimoku cloud, so I entered with caution. Trade got stopped…

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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.

    USDCAD PROFIT

    All charts line up, I saw a crack and snap so took the entry. The price did come back down…

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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.

    EURUSD BREAKEVEN

    Plenty of mistakes in this one. Got into the trade higher than I would have liked, and my exit was…

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  • Current exchange rate BRITISH POUND (GBP) to US DOLLAR (USD)

    GBPUSD PROFIT

    All charts line up. I saw support and took entry just after the news. There was a very small spike…

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  • he foreign exchange 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.

    EURUSD PROFIT

    All charts line up, there were no clear support areas. I would have got back into the trade if price…

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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. Switzerland has long been a key banking center for customers around the world, and the secrecy with which they maintain their banking operations has made them one of the more desireable locations for storing cash.

    USDCHF PROFIT

    I was waiting for quite a long time to enter the trade. The US news at 12pm was critical. I…

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