Posts tagged with ‘loss’

  • 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.

    USDCHF LOSS

    My intention was to look for a short term pullback. The longer time frame (2 Hours) is short. Trade did…

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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.

    AUDUSD LOSS

    I got back into the trade again but with a better position. Unfortunately, the trade did not work and I…

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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”.

    AUDUSD LOSS

    I was too keen to  get in and the opportunity was never there, The cloud was not setup correct. Trade…

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  • The term

    USDCHF LOSS

    I got back into this pair again after some recent losses. In hindsight, I should have waited for reaction in…

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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.

    USDCHF LOSS

    I got back in again because there is a very good chance for a big drop. The USD data at…

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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.

    USDCHF LOSS

    The charts look good all the way to the 4 hour chart. The 1 min was not ideal. I took…

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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.

    EURCHF LOSS

    On reflection the trade and the opening was never there. The 15 min chart was not ideally positioned. I was…

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  • USDJPY LOSS

    This was an interesting setup. My vision was to run with the price momentum, but there was a small blip…

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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.

    AUDUSD LOSS

    The 1 hour chart was bullish, so my thoughts were that I may be able to get some quick price…

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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”.

    USDCAD LOSS

    I looked through all my pairs, but there is not much in the way of trade opportunities. I took the…

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