AUDUSD BREAKEVEN

AUDUSD BREAKEVEN
13th October 2017 contacttf
#trade #forex #trading #broker #forexsignal #forexsignals #forextrader #gold #brent #eurusd #usdjpy #xauusd #stocks

A very poor trade entry on a late Friday with very little volume.

The entire setup was wrong. the price was not overshooting, and the RSI was within range, so it is puzzling why I took the trade on.

I will move my stop to breakeven at the earliest opportunity.

That was a disaster trade from the very first minute. I was fortunate to preserve my capital for breakeven.

DEFINITION of 'Tenkan-Sen' The mid-point between the highest high and lowest low of a particular security calculated over the past nine periods. The Tenkan-Sen line is the conversion line used specifically in the Ichimoku Kinko Hyo (or Ichimoku Cloud) equilibrium charts.

 

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