Posts tagged with ‘fx’

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    #GBPAUD PROFIT

    This trade was taken on the 07.06.2019. I did not have the time document the journey. GBP and AUD were…

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    AUDJPY LOSS

    The entry for this trade was similar to the previous 2 posts. I decided to close out this exit, because…

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    AUDNZD PROFIT

    1 of 3 trades taken in quick succession. The setup on all these were very similar. Using the Resistance zone,…

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  • The Foreign Exchange market, also called FOREX or FX, is the global currency trading market. ... On the FOREX market one currency is exchanged for another. The single most important thing on the FOREX market is the exchange rate between two currencies (a currency pair).

    EURNZD LOSS

    I made a silly mistake today. I took a trade off the 5min chart, instead of 1min. I was waiting…

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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.

    #EURCHF LOSS

    Both of these currency are Fundamentally and Sentimentally Bearish. This is a purely technical play. Trade taken, but got stopped…

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  • #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 #AUDUSD #EURCHF

    USDCHF LOSS

    2 of 2 trade. USDCHF was on my radar for a while. I wanted to go long. I made so…

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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.

    EURAUD PROFIT

    Trade entry taken based on price hovering near the support line. The trade was closed based on the Ichimoku resistance…

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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.

    EURCHF PROFIT

    The Fundamental and Sentimental outlook for this pair is neutral. Using this as a parameter, I decided to trade this…

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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.

    EURUSD LOSS

    Trade taken using strategy, however ECB Draghi was speaking. This may have impacted trade outcome. I was expecting to get…

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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.

    GBPUSD PROFIT

    Price hit the support line, and then bounced back, which allowed me to make my entry. With no clear fundamental…

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