Posts tagged with ‘GBP/USD’

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    GBPUSD LOSS

    I got into the trade without my system lining up. The RSI on the 5 min chart was not perfectly…

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  • The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.

    GBPUSD LOSS

    I was chasing the trade. The charts were lining up and I used the the hourly pivot points and resistance…

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    GBPUSD BREAKEVEN

    The trade did not work out as expected. Price went above R1 price. I took the trade as all charts…

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    GBPUSD LOSS

    I do not normally enter a position if I am leaving my desk. The setup was there, so I took…

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  • The foreign exchange market is the market in which participants are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.

    GBPUSD PROFIT

    All charts line up. The candle was near the resistance on the 1 day chart. [Screengrab showing stop after the…

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    GBPUSD BREAKEVEN

    The entire trade was wrong. I did not follow my system. I was very fortunate to get out at breakeven.

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  • Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    GBPUSD PROFIT

    All charts were in sync. I used the resistance on the 1 day chart, by using the Chikou span. The…

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  • Trailing Stop Limit Orders. ... A SELL trailing stop limit moves with the market price, and continually recalculates the stop trigger price at a fixed amount below the market price, based on the user-defined

    GBPUSD PROFIT

    I was a little late to get into the trade. I did not catch the pivot point , because…

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    GBPUSD BREAKEVEN

    All charts line up. The stop was set tight, just under the 4hr #ichimoku cloud for support. The trade did…

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  • The foreign exchange market is the

    GBPUSD LOSS

    I took an entry because of support, via the candle stick on 1 day chart. I broke my rules, so…

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