Posts tagged with ‘loss’

  • 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.

    USDCHF LOSS

    I got back in again. I was clutching a little to a resistance point. I used the lagging span to…

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  • 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.

    USDCHF LOSS

    The strategy did not work. I could easily have moved my stop up to break even, but decided to go…

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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.

    EURUSD LOSS

    I have gone back to my original strategy, I could easily have broke even by moving the stop. I am…

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  • The U.S. dollar/Japanese yen pair features low bid-ask spreads and exceptional liquidity. As such, it is a great pair to trade for newcomers to the forex market as well as an old favorite for more experienced traders.

    USDJPY LOSS

    Very poor entry and trade. I got caught being inactive, and tried a position which did not have clear support…

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  • Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. There is no central exchange as it trades over the counter.

    USDCAD LOSS

    I forced the trade through today. Too many mistakes made again. The support on this is was some way below…

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  • The US Dollar v/s the Canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada.

    USDCAD LOSS

    So many mistakes made in this play. I missed an opportunity on the GBPUSD short, so I quickly entered USDCAD,…

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  • Common Approaches to Adjusting Stop Losses. One approach that can work is to wait for a defined length of time, one that should have given your trade enough time realistically to “breathe”. Once this time has elapsed, if your trade is showing a loss, exit immediately; if a profit, move the stop loss to break even.

    GBPUSD LOSS

    Very poor start to the day. My trade entry was not great. I left a lot on the table. I…

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  • GBPUSD LOSS

    All charts line up. The resistance on the 1 day chart was apparent but not clear. I lost trade before…

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  • Trading USD/CAD

    USDCAD LOSS

    My losses have been compounding recently. All the charts line up and I can see a solid support level. I…

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  • People make money trading forex in several different ways. Scalpers hold positions for no longer than 5 minutes. Other traders may adopt a strategy that lets them analyze their charts once a day to look for opportunities then step away from the markets until the next day. There really is no wrong way to trade forex.

    EURUSD LOSS

    4 Trading losses in a row. A poor performanace overall. The chart patterns line up, but the trade did not…

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