Author archive for contacttf

  • #tag #stacks #money #casino #luxurylife #lifestyle #luxury #millionaire #richman #boss #rich #billionaire #dollars #cash #stacksonstacks #motivation #billion #million #richkids #trade

    USDCAD PROFIT

    I got back into this because I could see a clearer pattern forming. Trade closed as I moved my stop…

    by
  • Trading USD/CAD

    USDCAD LOSS

    My losses have been compounding recently. All the charts line up and I can see a solid support level. I…

    by
  • People make money trading forex in several different ways. Scalpers hold positions for no longer than 5 minutes. Other traders may adopt a strategy that lets them analyze their charts once a day to look for opportunities then step away from the markets until the next day. There really is no wrong way to trade forex.

    EURUSD LOSS

    4 Trading losses in a row. A poor performanace overall. The chart patterns line up, but the trade did not…

    by
  • 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.

    USDJPY LOSS

    2 losses in a row. The system was coherent. The trade did not work out this time. We move on…

    by
  • 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”.

    USDCHF LOSS

    Getting back into trades after a little time off. USDCHF trade was a loss. All charts were lined up. The…

    by
  • Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    USDCAD LOSS

    I feel better about this trade. I followed my strategy. My stop was much tighter this time. The risk/reward ratio…

    by
  • Traders call the GBP-USD pair ‘cable’, referring to the submarine telegraph cable placed between the United States and Great Britain in the 1800s.

    GBPUSD PROFIT

    I made 2 poor entries in a matter of minutes. My exit was good, but I should have tried to…

    by
  • 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. In terms of volume of trading, it is by far the largest market in the world.

    USDCAD LOSS

    The Charts line up, but my trade entry was poor. The stop was really wide, and I missed the initial…

    by
  • 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

    Trade did not work. Mistakes I made: No clear resistance on cloud I relied on RSI for resistance and…

    by
  • A sell trailing stop order sets the stop price at a fixed amount below the market price with an attached

    GBPUSD PROFIT

    I was unable to place any trades last week. Too busy working on other projects. It is nice to be…

    by