USDCHF

  • The Chikou span is the lagging indicator component of the Ichimoku Kinko Hyo candlestick trading model. The Chikou is a line of the most recent price action, but it is plotted 26 trading periods into the past. Chikou spans are designed to allow traders to visualize the relationship between current and prior trends.

    USDCHF BREAKEVEN

    USDCHF had been on my watch list for some time. The resistance drafted from the 1 hour chart was too…

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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).

    USDCHF LOSS

    I got into the trade a 3rd time. This time the entry was near my pre drawn resistance zone. Price…

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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

    I got back into the trade, because I think there a big move down possible. My trade entry was via…

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  • All currency trading is done in pairs. Unlike the stock market, where you can buy or sell a single stock, you have to buy one currency and sell another currency in the forex market. Next, nearly all currencies are priced out to the fourth decimal point. A pip or percentage in point, is the smallest increment of trade.

    USDCHF LOSS

    I got stopped out, before I could post my entry. I swore at the price today, which was unusual for…

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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 PROFIT

    I got into the trade very late. I had enough opportunity to get in, with the cup pattern formation. As…

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    USDCHF LOSS

    I got back into trade shortly after getting stopped out. My standing is the same, I have traded for the…

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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).

    USDCHF LOSS

    I have been following USDCHF for over an hour. My resistance was drawn out some time ago. As soon, as…

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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.

    USDCHF LOSS

    This was a similar setup to, USDCAD. The price was in a channel near support. Trade did not work as…

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  • #entrepreneurship #motivation #hustle #grind #tradingmotivation #pips #swingtrading #millions #usd #forexeducation #markets #forexmentor #foreignexchange

    USDCHF PROFIT

    I got back into USDCHF. After the Euro data settled, I saw price move away from the cloud and Kijun…

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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”.

    USDCHF LOSS

    USDCHF has a similar setup as EURCHF. The trade did not work for me. I got stopped out soon after.…

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