Archive for 2017

  • cash #motivation #free #financialsuccess #financialfreedom #inspiration #millionaire #millionairemindset #happiness #gentleman #elite #entrepreneur #investment #microsoft

    EURJPY LOSS

    The charts line up, but my concern is the cloud formation. My strategy dictates sell/short position. I got stopped out…

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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”.

    EURUSD LOSS

    I got back in a short while after losing on my previous trade. The price became very volatile, and I…

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  • #wallstreet #tourist #nike #bull #nyc #fun #corny #friends #dream #vacation #financialfreedom #invest #investor #inspiration #trader #millionaire

    EURUSD LOSS

    Chart line up, I entered with caution because news was imminent. Trade did not work as expected. My stop got…

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  • Cable (or the cable) is a foreign exchange term used for the GBP/USD currency pair rate (British pound priced in US dollars). The term cable is a slang term used by forex traders to refer to the exchange rate between the pound and dollar and is also used to simply refer to the British pound itself.

    GBPUSD PROFIT

    I missed the first and second opportunity to get in because I did not view the chart until late morning.…

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  • Trading the AUD/USD currency pair is also known as trading the

    AUDUSD PROFIT

    The chart setup was on my watchlist for a while. I missed the first entry, so when the second opportunity…

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  • Tight Stop. The act or practice of raising a stop price to minimize losses from a long position. For example, suppose one buys a stock at $20 with a stop price of $18 (meaning the stock will be sold automatically if the price hits $18 in order to prevent further losses).

    USDCAD LOSS

    With no other opportunities, I was chasing the trade. This made me make a catalogue of errors. The 5 min,…

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  • DEFINITION of 'Tenkan-Sen' The mid-point between the highest high and lowest low of a particular security calculated over the past nine periods. The Tenkan-Sen line is the conversion line used specifically in the Ichimoku Kinko Hyo (or Ichimoku Cloud) equilibrium charts.

    AUDUSD LOSS

    I got in and stopped out pretty quick.I was unabel to post on social sites. The setup was not ideal.…

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  • The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength.

    AUDUSD LOSS

    I was correct in getting into the trade. The price was moving down, until news stalled the price movement. I…

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  • When trading a mini lot (10k units of currency), each pip is worth roughly one unit of the currency in which your account is denominated. If your account is denominated in USD, for example, each pip (depending on the currency pair) is worth about $1

    AUDUSD PROFIT

    I almost got stopped out a few times. On one occasion, I was only a pip away. After price went…

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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”.

    EURJPY LOSS

    The chart setup was not ideal. The price was not extended or away from the cloud, which is my go…

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