Author archive for contacttf

  • DEFINITION of 'USD/CAD (U.S. Dollar/Canadian Dollar)' The abbreviation for the U.S. dollar and Canadian dollar (USD/CAD) currency pair or cross. The currency pair tells the reader how many Canadian dollars (the quote currency) are needed to purchase one U.S. dollar (the base currency).

    USDCAD LOSS

    The resistance on this chart was not clear. I entered based on bearish candle on the 5 min chart. The…

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  • Trailing Stop Limit Orders. ... A SELL trailing stop limit moves with the market price, and continually recalculates the stop trigger price at a fixed amount below the market price, based on the user-defined

    GBPUSD PROFIT

    I was a little late to get into the trade. I did not catch the pivot point , because…

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  • The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.

    USDCAD BREAKEVEN

    My recent trades have not been great. My entry have been too early. Charts line up, so used pivot point…

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    USDCHF LOSS

    I was stopped out very quickly. I was unable to update the social sites with my entry. Onto the next…

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  • #trading #money #trader #forextrader #business #pips #forextrading #wallstreet #entrepreneur #fx #motivation #success #profit #stocks #investment #finance #invest #daytrader #wealth #stockmarket #broker #lifestyle #eurusd #daytrading #forexsignals #gold #currency #luxury #millionaire #rich #trade #inspiration #binaryoptions #dollar #euro #investor #gbpusd #investing #billionaire #technicalanalysis #markets #usdjpy #metatrader #usd #london #foreignexchange #futures #forexmarket #cash #forexgt

    GBPUSD BREAKEVEN

    All charts line up. The stop was set tight, just under the 4hr #ichimoku cloud for support. The trade did…

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  • The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.

    USDCAD LOSS

    I have decided to scale back my position size because of my recent trading history. I think I need to…

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  • The foreign exchange market is the

    GBPUSD LOSS

    I took an entry because of support, via the candle stick on 1 day chart. I broke my rules, so…

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  • Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

    USDJPY LOSS

    All charts were lining up. The trade did not work out. Trade got stopped out within 3 mins, and I…

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  • Currency Trading is the act of buying and selling (trading) different currencies of the world. The Foreign Exchange (or Forex) is the market that allows you to trade currencies in volume.

    EURUSD BREAKEVEN

    All charts line up. There was no clear resistance on 1 day charts, so I moved to 1 month. Trade…

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  • A pip is a number value. In the Forex market, the value of currency is given in pips. One pip equals 0.0001, two pips equals 0.0002, three pips equals 0.0003 and so on. One pip is the smallest price change that an exchange rate can make.

    USDJPY LOSS

    All charts line up. The trade entry was according to my strategy. The loss happened so quick, I was unable…

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