Archive for December, 2017

  • 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.

    GBPJPY LOSS

    My trade entry was based on the resistance using the 15 min chart. Trade did not work as expected. The…

    by
    0
    0
  • #rich #trade #inspiration #binaryoptions #dollar #euro #investor #gbpusd #investing #billionaire #technicalanalysis #markets #usdjpy #metatrader #usd #london #foreignexchange #futures #forexmarket #cash #forexgt

    USDCAD PROFIT

    I had 3 pre drawn resistance areas using the 15 min chart. My entry was in between 2 resistance zones,…

    by
    0
    0
  • 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.

    USDCHF BREAKEVEN

    USDCHF had been on my watch list for some time. The resistance drafted from the 1 hour chart was too…

    by
    0
    0
  • 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.

    EURUSD LOSS

    I got back in again. My outlook was the same, go long near the support line. Unfortunately, trade did not…

    by
    0
    0
  • 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).

    EURUSD LOSS

    Trade did not work as expected. I was stopped out before my entry was posted on social sites. To get…

    by
    0
    0
  • #tradercommunity #king #alltrading #cash #livetrader #amazing #realtime #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

    EURUSD PROFIT

    I mapped out the support line 1 hour prior to getting in. Price went below this point a few time.…

    by
    0
    0