Posts tagged with ‘breakeven’

  • 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.

    USDCAD BREAKEVEN

    All charts were in line, including the 1hr. I was taken back by the quick reactions of the market. I…

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  • A candlestick chart is a style of financial chart used to describe price movements of a security, derivative, or currency.

    USDCAD BREAKEVEN

    USDCAD was closed out breakeven, after an epic fall from identified resistance point. 1.  I got off to a bad…

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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 BREAKVEN

    I was expecting a quicker USDCHF market reaction. I closed out, as previous trades made me nervous. I did not…

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  • A Short Straddle, is a neutral option trading strategy that profits when a stock stays stagnant. This is the exact opposite of a Long Straddle which profits when the underlying stock moves strongly either to upside or downside.

    EURUSD BREAKEVEN

    One eyes was on USDCHF, I saw the opportunity at a quick glance. The trade was working in my favour,…

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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.

    EURUSD BREAKEVEN

    Unusual trade this one. All the charts line up, just could not build enough steam. I almost got stopped out.…

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  • Day trading is the act of buying and selling a stock within the same day. Day traders seek to make profits by leveraging large amounts of capital to take advantage of small price movements in highly liquid stocks or indexes.

    GBPUSD BREAKEVEN

    GBPUSD was a very odd, to trade today. We had many support retests, that, later collapsed to give us buy…

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  • EURUSD 13.07.2016

    I am not to keen on trading EURUSD. The pair is too, fiery for my liking. I saw all the…

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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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  • Day Trading, as the name implies, is generally limited to trading activity during most of the day trading. It includes the purchase and sale of shares in a short period of time. Day traders buy and sell stocks since the market opened in the morning and sell them off, before it closes.

    Trading a new pair USDCAD

    I am trying to stay clear of GBP, and there were no signals for USDJPY so I took the opportunity…

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