AUDUSD LOSS

AUDUSD LOSS
17th November 2017 contacttf
The Foreign Exchange market, also called FOREX or FX, is the global currency trading market. ... On the FOREX market one currency is exchanged for another. The single most important thing on the FOREX market is the exchange rate between two currencies (a currency pair).

I got back in again. Trade did not hold up. I was closed out soon after.

I do belive in the trade, so I would like to get in again.

The Chikou span is the lagging indicator component of the Ichimoku Kinko Hyo candlestick trading model. The Chikou is a line of the most recent price action, but it is plotted 26 trading periods into the past. Chikou spans are designed to allow traders to visualize the relationship between current and prior trends.

After trade analysis
Price went down towards my next 1 day support, an spiked up. I was waiting for the price to hit support, or the 0.75400 just below.
I missed the boat. Sometimes, we are on the wrong side and have to accept it.

(52-period high + 52-period low)/2))  On the daily chart, this line is the mid point of the 52 day high-low range,  which is a little less than 3 months. The default calculation setting is  52 periods, but can be adjusted. This value is plotted 26 periods in the future  and forms the slower Cloud boundary.

 

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