Archive for 2017

  • EURGBP BREAKEVEN

    The charts seemed to line up, but the RSI pink was slightly lagging. I took the trade anyway. After the…

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  • The Euro/Pound represents a cross between two biggest economies in Europe - the Euro-zone and the United Kingdom. Given the economic proximity and interdependence between the two, the pair is significantly less volatile than many other Euro or Pound based crosses

    EURGBP LOSS

    After my 1st trade, I waited for the price to bounce higher and away from the cloud. Trade again did…

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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.

    EURGBP LOSS

    Today is the 1st Friday of the month, the non-farm payroll data is out. Because of the market volatility, I…

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  • Before you start jumping in you should familiarize themselves with the market and terminology of the forex market, and if you've already been trading stocks online it should be easy to get started. Below is a list of terms you should learn. PIP: The smallest price change that a given exchange rate can make

    EURCHF PROFIT

    I got back in for a 3rd time, and almost got stopped out again. Trade worked, however, I was expecting…

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  • The default setting used by most traders for the RSI is 14. That means that the indicator will go back 14 periods or time frames based on the chart being used (14 days on a Daily chart, 14 hours on an hourly chart and so forth) and make its calculation based on that

    EURCHF LOSS

    I took a second entry, but this hit my limit. My trading startegy aims for the bigger winning trades. I…

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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”.

    EURCHF LOSS

    5 min chart was not perfectly lined, but the EUR overall looked overbought to me. I took the EURCHF trade…

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  • Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. ... Instead, technical analysis can help investors anticipate what is “likely” to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.

    GBPJPY PROFIT

    This was a slight variant from my normal trade position. The shorter term trade was taken because price bounced off…

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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.

    USDJPY LOSS

    I got stopped out before I could post my entry on Twitter and Google+. It was a high risk trade…

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  • #nyc #nasdaq #forexlifestyle #retire #currencytrading #starbucks #vacation #life #aesthetics

    EURUSD LOSS

    My second trade did not work out. I will no longer be trading the EUR today. This will help me…

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  • #forexanalysis #forexcourse #forexeducation #forexfactory #forexinvestment #forexgroup #forexhelp #forexjakarta #forexprofit

    EURUSD LOSS

    Charts line up with my system. I hold two EUR positions. Trade did not work out, as expected. I got…

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