Posts tagged with ‘GBP/USD’

  • Cable (or the cable) is a foreign exchange term used for the GBP/USD currency pair rate (British pound priced in US dollars). The term cable is a slang term used by forex traders to refer to the exchange rate between the pound and dollar and is also used to simply refer to the British pound itself.

    GBPUSD PROFIT

    I missed the first and second opportunity to get in because I did not view the chart until late morning.…

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  • The Heikin-Ashi technique uses a modified formula:**xClose = (Open+High+Low+Close)/4. o Average price of the current bar.**xOpen = [xOpen(Previous Bar) + Close(Previous Bar)]/2. o Midpoint of the previous bar.**xHigh = Max(High, xOpen, xClose) o Highest value in the set.**xLow = Min(Low, xOpen, xClose) o Lowest value in the set.

    GBPUSD LOSS

    Price went down to support and bounce. I took the trade, because the risk/reward was better. Trade did not work.…

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  • GBPUSD BREAKEVEN

    I got into the trade after the rebound. Although the entry was not in line with my system, I could…

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

    GBPUSD LOSS

    The chart was near perfect line up. I got into the trade despite news coming out soon. After a small…

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  • For a 14-period RSI, the Average Gain equals the sum total all gains divided by 14. Even if there are only 5 gains (losses), the total of those 5 gains (losses) is divided by the total number of RSI periods in the calculation (14 in this case). The Average Loss is computed in a similar manner

    GBPSUD PROFIT

    I was late into the trade. My strategy usually to get in on the reversal. On this ocassion, I still…

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  • #forexschool #financial #strategy #bulls #bullish #forex #forexsignal #forexstrategy #fx #indicator #pips #profit #trade

    GBPUSD LOSS

    Trade did not work out. I was stopped out before I could get started. I was unable to upload my…

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  • #trading #forextrader #dax #fed #forextrading #metatrader #system #technicalanalysis #forexlife #profits #oscilator #scalping #investing #lifestyle #watches #design #wealth

    GBPUSD LOSS

    I forced the trade through on this occasion. The risk/reward was 1 to 1, which is not where I like…

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  • The British Pound against the US Dollar is one of the oldest currency pairings in the world.

    GBPUSD LOSS

    All charts line up. The price was breaking out the Ichimoku cloud, so I entered with caution. Trade got stopped…

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  • Current exchange rate BRITISH POUND (GBP) to US DOLLAR (USD)

    GBPUSD PROFIT

    All charts line up. I saw support and took entry just after the news. There was a very small spike…

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  • #daytrader #daytrading #daytrade #daytraderlife #daytraderlifestyle #millionaire #entrepreneur #forexlifestyle #bosslife #forexlife #billionairesclub #millionairesclub #luxury

    GBPUSD LOSS

    I got caught jumping into the trade early. My stop was above 1.25400. I am not surprised by the outcome.…

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