Author archive for contacttf

  • USD to CHF currency chart. XE's free live currency conversion chart for US Dollar to Swiss Franc allows you to pair exchange rate history for up to 10 years.

    USDCHF PROFIT

    The charts were lining upto 1 hr, so, this was a cautious trade. I needed to keep an eye on…

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  • USDJPY LOSS

    I lost again on USDJPY. All charts line up correctly. My setup was fine. It just did not work out.…

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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”.

    GBPUSD PROFIT

    It is good to be back on the winning side. Initially I could not find a support to trade off.…

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  • Majority of trades are successful and yet traders are losing. ... In this article, we look at the biggest mistake that forex traders make, and a way to trade appropriately. Why Does the Average Forex Trader Lose Money?

    USDCAD BREAKEVEN

    I tried to let $usdcad ride, but I did not want to hold for a loss. My recent trade losses,…

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  • GBPUSD LOSS

    In retrospect, I should never have entered the trade. I was chasing a trade, and I got caught out again.…

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  • A red candlestick means the close was lower than the prior close. A black candlestick indicates that the close was higher than the prior close. In short, candlesticks are black when the close is up and red when the close is down

    USDJPY LOSS

    Another trade to on USDJPY that did not work out. Nothing more I could do. The loss just went against…

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  • USD/JPY Pivot Points Charts, US Dollar/Japanese Yen, Support, Resistance, Intraday (Hourly, 4 Hours), Short Term (Daily), Medium Term (Weekly), Long Term

    USDJPY BREAKEVEN

    I having been grappling with this trade for some days. Charts line up, but the 1 day was showing strong…

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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.

    USDJPY BREAKEVEN

    I lost a few pips earlier on $usdjpy. The trade snapped through resistance and bounces off 108.00. I took the…

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  • The USDCHF currency pair is often called 'The Swissie'. The Swiss Franc is the last Franc still in issuance in Europe.

    USDCHF PROFIT

    I made profit on a very poor trade. I did not follow my system. My entry was late, this made…

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  • In finance, a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.

    USDCHF PROFIT

    I missed the move earlier, but $USDCHF gave me a second opportunity. I did not see the move through fully,…

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