Archive for June, 2018

  • 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 LOSS

    I jumped on this trade shortly after losing on the previous. The strategy was there, but this position did not…

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  • In the forex market, think of money as a commodity, you are buying a currency hoping that its value will increase, and if you are selling you are betting that it will decrease. ... Instead the forex market is an interbank market, which means it's all connected together in a network of banks and institutions.

    GBPUSD LOSS

    I have been away for a few weeks, working on another project. The entire cycle will take about 3 months,…

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