AUDUSD LOSS

AUDUSD LOSS
21st May 2018 contacttf
The relative strength index (RSI) is most commonly used to indicate temporary overbought or oversold conditions in a market. An intraday forex trading strategy can be devised to take advantage of indications from the RSI that a market is overextended and therefore likely to retrace.

I got back into the trade again but with a better position.

Unfortunately, the trade did not work and I have closed shop for the day.

I am getting too attached to winners.

Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2))  This is the midpoint between the Conversion Line and the Base Line.  The Leading Span A forms one of the two Cloud boundaries. It is  referred to as "Leading" because it is plotted 26 periods in the future and forms the faster Cloud boundary.

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