Author archive for contacttf

  • #income #millionaire #trading #entrepreneur #success #daytrading #motivation #eurusd #nyse #nasdaq #commodities #trading #entrepreneur #motivation # #daytrading #currency #millionaire #trading

    EURCHF LOSS

    This was a really frustrating trade, not because of the loss, but the opportunity cost. My attention was on this,…

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  • #trading #entrepreneur #forextrading #fxunited #fxprimus #binaryoptions #investment #analysis #currencytrader #priceaction #investor #knowledge #banking #exness #moneymanagement #forexlife #forexquote

    USDCAD LOSS

    I was looking for a small rise in price. The 45min and 1 hour chart where bearish. Trade did not…

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  • #wealth #stockmarket #lifestyle #eurusd #daytrading #forexsignals #currency #luxury #millionaire #rich #trade #inspiration #binaryoptions #dollar #investor #investing #billionaire #technicalanalysis #markets

    EURUSD LOSS

    This was a high risk trade. My stop was tight to factor the risk/reward. Trade stopped out after price went…

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  • 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).

    EURGBP PROFIT

    I missed the first entry point because I was too busy mapping out the resistance area. Price did retrace slightly,…

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  • All currency trading is done in pairs. Unlike the stock market, where you can buy or sell a single stock, you have to buy one currency and sell another currency in the forex market. Next, nearly all currencies are priced out to the fourth decimal point. A pip or percentage in point, is the smallest increment of trade.

    AUDUSD PROFIT

    I got back into the trade after getting stopped out previously. Trade entry is taken from higher resistance point. The…

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  • The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into “one look equilibrium chart”.

    AUDUSD LOSS

    I got into the trade within a 3 min appraisal. This was not enough, and should never have pressured myself…

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  • 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.

    USDCAD PROFIT

    The resistance was mapped out few hours prior to my entry (3H). I was a little late to enter. There…

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  • #income #millionaire #trading #entrepreneur #success #daytrading #motivation #eurusd #nyse #nasdaq #commodities #trading #entrepreneur #motivation # #daytrading #currency #millionaire #trading

    EURCHF LOSS

    I broke every rule in the book on this one. The percentage win possibility was never in my favour. I…

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  • The term

    USDCHF BREAKEVEN

    I used the resistance from the candle charts to get an entry, there were no valid entry zone via Ichimoku…

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  • 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.

    USDCAD BREAKEVEN

    I got back in again for the second time. Although, in a slightly better position, I should never have taken…

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