USDCAD

  • Tight Stop. The act or practice of raising a stop price to minimize losses from a long position. For example, suppose one buys a stock at $20 with a stop price of $18 (meaning the stock will be sold automatically if the price hits $18 in order to prevent further losses).

    USDCAD LOSS

    With no other opportunities, I was chasing the trade. This made me make a catalogue of errors. The 5 min,…

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  • #trading #money #trader #forextrader #business #pips #forextrading #wallstreet #entrepreneur #fx #motivation #success

    USDCAD PROFIT

    The charts looked good, for a rebound. I waited for a candlestick chart confirmation. The entry was near support. Risk/reward…

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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.

    USDCAD PROFIT

    I took the trade with a tight stop as price was in a range on the 1min chart. The flat…

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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.

    USDCAD BREAKEVEN

    This has been on my radar for some time. USDCAD CLOSED BREAKEVEN. The price did not surge as expected. I…

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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.

    USDCAD PROFIT

    I  was able to get in again. At this point I was doubting my pursuit to get some more pips…

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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.

    USDCAD LOSS

    The 3rd entry, because I could see a drop in this pair. Unfortunately I got stopped out again.

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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).

    USDCAD LOSS

    This is my second entry on the same pair. I believe there is some room for downward momentum. I got…

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  • DEFINITION of 'Forex System Trading' A method of trading forex that is based on a series of analyses to determine whether to buy or sell a currency pair at a given time. Forex system trading could be based on a set of signals derived from technical analysis charting tools or fundamental news-based events.

    USDCAD PROFIT

    The setup looks good and in line with my system. Trade closed manually, I did not like the cloud flat…

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  • #trading #money #trader #forextrader #business #pips #forextrading #wallstreet #entrepreneur

    USDCAD BREAKEVEN

    I missed the initial turning, so I took the trade at the next retracement. The risk/reward looked good, and the…

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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.

    USDCAD LOSS

    Trade was made earlier today 12:30 pm BST. Time is currently 22:00, I have not had a chance to write…

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