Archive for 2017

  • 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.

    USDJPY BREAKEVEN

    The 5 & 1 min chart looked to line up. I took the entry, but my judgement was not clearly…

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  • DEFINITION of 'USD/JPY (U.S. Dollar/Japanese Yen) ' The abbreviation for the U.S. dollar and Japanese yen (USD/JPY) pair or cross for the currencies of the United States (USD) and Japan (JPY). The currency pair shows how many Japanese yen (the quote currency) are needed to purchase one U.S. dollar (the base currency).

    USDJPY LOSS

    I was watching this pair for some time. My entry was very good. Unfortunately, trade did not work out. After…

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  • #entrepreneurship #motivation #hustle #grind #tradingmotivation #pips #swingtrading #millions #usd #forexeducation #markets #forexmentor #foreignexchange

    USDCHF PROFIT

    I got back into USDCHF. After the Euro data settled, I saw price move away from the cloud and Kijun…

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  • 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

    EURCHF LOSS

    I got back into EURCHF again. The price was floating above the cloud. I was hoping for a quick drop.…

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  • The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into “one look equilibrium chart”.

    USDCHF LOSS

    USDCHF has a similar setup as EURCHF. The trade did not work for me. I got stopped out soon after.…

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  • #forex #forextrader #goals #money #trade #forexsignals #business #rich #inspirational #luxurylife #daytrading #success #trader #entrepreneur #invest

    EURCHF LOSS

    The charts look great, and in line with my system. Price dropped to a profitable level. Price then reversed back…

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  • Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade.

    EURCHF BREAKEVEN

    I was able to get back in again, however my trade entry was not great. I was a little late…

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  • Forex is also known as foreign exchange or FX trading and is one the world's most widely traded markets, with $5 trillion traded every day. FX trading allows you to speculate on price movements in the global currency market.

    EURCHF LOSS

    I got stopped out quicker than I got in. The sharp price rise blew out my stop. I was unable…

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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.

    EURCHF BREAKEVEN

    EURCHF looked a better trade setup than #eurgbp.  I took the trade because I could see price bouncing off resistance.…

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  • The Ichimoku Cloud is an indicator designed to tell you everything you need to know about a price trend, including its direction, momentum, dynamic support and resistance levels, and even trade signals. The Japanese name—Ichimoku Kinko Hyo—means “one look (or glance) equilibrium chart.”

    EURGBP PROFIT

    I was fortunate to be able to get back in again, however, my entry was poor and I left a…

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