Posts tagged with ‘trading’

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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 (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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    #GBPUSD PROFIT

    Quick scalp trade taken earlier in the morning. #GBP looks oversold to me, because we do not have conclusive evidence…

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    CADJPY PROFIT

    Due to an oversight, I took this trade in CADJPY. Fundamentally, CAD was Bearish, and JPY is Bullish. I should…

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  • #forexmarket #cash #forexgt #trading #entrepreneur #forextrading #fxunited #fxprimus #investment #analysis #currencytrader #priceaction #investor #knowledge #banking #moneymanagement #forexlife #forexquote #stacking

    EURCHF LOSS

    Fundamentally both currency pair were in a neutral position. I took the trade based on technical analysis. As I was…

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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.

    GBPUSD PROFIT

    My stop was tight and my limit range was near. It was slow to run but the trade worked perfectly.…

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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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  • 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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