Archive for November, 2017

  • The relative strength index (RSI) is most commonly used to indicate temporary overbought or oversold conditions in a market. An intraday forex trading strategy can be devised to take advantage of indications from the RSI that a market is overextended and therefore likely to retrace.

    EURGBP PROFIT

    Did you mean: Trade entry near support with tight stop. I almost got stopped out a few times. After trade…

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  • The Foreign Exchange market, also called FOREX or FX, is the global currency trading market. ... On the FOREX market one currency is exchanged for another. The single most important thing on the FOREX market is the exchange rate between two currencies (a currency pair).

    AUDUSD LOSS

    I got back in again. Trade did not hold up. I was closed out soon after. I do belive in…

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  • #trading #entrepreneur #forextrading #fxunited #fxprimus #binaryoptions #investment #analysis #currencytrader #priceaction #investor #knowledge #banking #exness #moneymanagement #forexlife #forexquote #xm #stacking

    AUDUSD LOSS

    I had to go all the way back to 1 day chart to get a support line. I got into…

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  • The Chikou span is the lagging indicator component of the Ichimoku Kinko Hyo candlestick trading model. The Chikou is a line of the most recent price action, but it is plotted 26 trading periods into the past. Chikou spans are designed to allow traders to visualize the relationship between current and prior trends.

    GBPUSD LOSS

    Due to a bug on the website, this trade was not uploaded yesterday. I got stopped out before I could…

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  • The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

    GBPUSD PROFIT

    Due to a bug on my website. This post did not save yesterday. The price ripped through my pre-drawn resistance…

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  • #investing #life #swingtrader #mt4 #chart #capital #income #millionaire #trading #entrepreneur #success #daytrading #motivation #eurusd #nyse #nasdaq #commodities #trading #entrepreneur #motivation # #eurusd #daytrading #currency #millionaire #trading

    USDCAD LOSS

    I have been following this pair for a while. The support is taken from Ichimoku cloud. Although, I am less…

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  • #moneymanagement #forexlife #forexquote #xm #stacking #forextrading #motivation #success #entrepreneur #daytrading #inspiration #technicalanalysis #success #trading #daytrading #motivation #entrepreneur #technicalanalysis

    EURUSD LOSS

    Setup was not right I was forcing the trade through. Trade stopped before I could post entry on the social…

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  • Senkou Span B (Leading Span B): (52-period high + 52-period low)/2)) On the daily chart, this line is the mid point of the 52 day high-low range, which is a little less than 3 months. The default calculation setting is 52 periods, but can be adjusted. This value is plotted 26 periods in the future and forms the slower Cloud boundary.

    GBPJPY PROFIT

    Trade entry near pre drawn support line. Good entry point but the exit was made manually. I closed before RSI…

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  • The foreign exchange market (Forex, FX, or currency market) is a global decentralized or Over The Counter (OTC) market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.

    EURJPY BREAKEVEN

    I got into this just after the turn. Trade was in profit, for some time. Price just dropped unexpectedly. I…

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  • Senkou Span B (Leading Span B): (52-period high + 52-period low)/2)) On the daily chart, this line is the mid point of the 52 day high-low range, which is a little less than 3 months. The default calculation setting is 52 periods, but can be adjusted. This value is plotted 26 periods in the future and forms the slower Cloud boundary.

    EURCHF PROFIT

    Good trade all round. Got in at the right time, near my pre drawn support line. Trade moved up, eventually,…

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