Posts tagged with ‘forex’

  • All currency trading is done in pairs. Unlike the stock market, where you can buy or sell a single stock, you have to buy one currency and sell another currency in the forex market. Next, nearly all currencies are priced out to the fourth decimal point. A pip or percentage in point, is the smallest increment of trade.

    USDCAD PROFIT

    Entry taken again, but this time I was able to score a support line from the 4 hour chart. I…

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  • On the daily chart, this line is the mid point of the 52 day high-low range, which is a little less than 3 months. The default calculation setting is 52 periods, but can be adjusted. This value is plotted 26 periods in the future and forms the slower Cloud boundary.

    AUDUSD PROFIT

    I got back in again, because price bounced off my pre-drawn support line. Trade closed after price looked like turning…

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  • #tradercommunity #king #alltrading #cash #livetrader #amazing #realtime #investing #life #swingtrader #mt4 #chart #capital #income #millionaire #trading #entrepreneur #success #daytrading #motivation #nyse #nasdaq #commodities #trading #entrepreneur #motivation #daytrading #currency #millionaire #trading

    AUDUSD PROFIT

    I got back into the trade again. The lower entry was compounded and confirmed by a hammer candlestick pattern. I…

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  • The term

    GBPJPY PROFIT

    Trade entry taken as per strategy, but my exit once again was a disaster. I just find it too difficult…

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  • The term

    EURCHF LOSS

    Forex can move in mysterious ways. The setup looked very good, with price just above support. My stop was just…

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  • #tradingstrategy #fundamentalanalysis #today #winner #tradercommunity #king #alltrading #cash #livetrader #amazing #realtime #investing #life #swingtrader #mt4 #chart #capital #income #millionaire #trading #entrepreneur #success #daytrading #motivation #nyse #nasdaq #commodities #trading #entrepreneur #motivation #daytrading #currency #millionaire #trading

    EURGBP BREAKEVEN

    I did miss out on the previous opportunity, so I took this trade when the price returned near the resistance…

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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.

    USDCAD PROFIT

    This was possibly my best trade ever. The timing of the near perfect entry/exit was awesome. It’s price was floating…

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  • #capital #income #millionaire #trading #entrepreneur #success #daytrading #motivation #nyse #nasdaq #commodities #trading #entrepreneur #motivation #daytrading #currency #millionaire #trading

    USDCAD LOSS

    The price came back up to my resistance zone. I got in again because the trade felt like a perfect…

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  • #foreignexchange #futures #forexmarket #cash #forexgt #trading #entrepreneur #forextrading #fxunited #fxprimus #binaryoptions #investment #analysis #currencytrader

    USDCAD BREAKVEN

    After missing on USDCAD previously. I got in at the earliest opportunity. My entry was not ideal because price started…

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  • #alltrading #cash #livetrader #amazing #realtime #investing #life #swingtrader #mt4 #chart #capital #income #millionaire #trading #entrepreneur #success #daytrading #motivation #nyse #nasdaq #commodities #trading #entrepreneur #motivation #daytrading #currency #millionaire #trading

    USDCHF LOSS

    This trade was never in my favour. I forced the position through. Earlier today, I felt like I missed an…

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