USDCHF

  • Retail traders just starting out in the forex market are often unprepared for what lies ahead and, as such, end up undergoing the same life cycle: first they dive in head first - usually losing their first account - and then they either give up, or they take a step back and do a little more research and open a demo account to practice.

    USDCHF LOSS

    This was on my watchlist but, as I was making the EURUSD trade this triggered quicker than expected. This meant…

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  • Equilibrium is the state in which market supply and demand balance each other and, as a result, prices become stable. Generally, when there is too much supply for goods or services, the price goes down, which results in higher demand. The balancing effect of supply and demand results in a state of equilibrium.

    USDCHF BREAKEVEN

    I saw a trade work out on the 5 and 1 min chart, but the hour chart was against me.…

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  • Forex (or sometimes just FX) is short for foreign exchange, and is the largest financial market in the world. Simply put, it's how individuals and businesses convert one currency to another. FX transactions worth trillions of dollars take place every day, and unlike stocks or commodities there's no central exchange.

    USDCHF PROFIT

    This was a really good trade. The spead the move happend was great. 1min, 5min and 1 hr were are…

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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.

    USDCHF Close another breakeven

    Another new pair traded today. I was hoping for a quick downward slide. The move bounced at 0.9760. Looking at…

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