Posts tagged with ‘loss’

  • engage in more business than can be supported by the market or by the funds or resources available.

    USDJPY LOSS

    Broke so many rules on this one. The charts all the way to 4hr were in sync. I made the…

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  • GBPUSD TRADING STRATEGY

    GBPUSD LOSS

    The charts matched up, I got in, despite the bearish outlook for $gbpusd. I took the trade in no mans…

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  • You are going to have losses when you trade. If you don’t have losses, you are not taking risk. If you don’t risk, you won’t win. Losses aren’t the problem. They are part of the game. It’s how you deal with losses that is crucial.

    USDCHF LOSS

    The trade setup was perfect, I got in based on solid resistance point. The chart all lined up great. There…

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  • In this case, traders would call the price level near $39 a level of resistance. As you can see from the chart below, resistance levels are also regarded as a ceiling because these price levels prevent the market from moving prices upward. On the other side of the coin, we have price levels that are known as support.

    USDJPY LOSS

    This was my second loss. I have traded the same setup hundreds of times, but sometimes were are wrong, and…

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  • There is no place for denial in successful investing. Don’t blame your losses on bad luck or outside manipulators. Accept the responsibility yourself. Don’t be dependent upon trading for all your fulfillment and happiness. Focus on opportunities, not on regrets.

    USDJPY LOSS

    Short term line up perfect, 1,5,30 min and 1 hour. The 4 hour and daily showing bullish. I decided to…

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  • Successful professional traders do three things that amateurs often forget. They plan a trading strategy, they follow the markets, and they diarize, track, and analyze each of their trades.

    USDCAD LOSS

    I got back into this, as I strongly felt that the outlook for this pair is bearish. The system was…

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  • This USD/CAD Chart lets you see this pair's currency rate history for up to 10 years

    USDCAD 2 LOSSES

    Not a great week this week. Overall I have been pinched 4 times . I found…

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  • The average forex trader loses money, which is in itself a very discouraging fact. But why? Put simply, human psychology makes trading difficult.

    USDJPY LOSS

    I got stopped out earlier on USDJPY. The trade did not work out. My stop was too close, a by-product…

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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.

    GBPUSD LOSS

    I got into this. Trading for the sake of being in the market. Should never have entered trade, because of…

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  • 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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