AUDUSD

  • 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.

    AUDUSD PROFIT

    I got back in again, because price bounced off my pre-drawn support line. Trade closed after price looked like turning…

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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

    The FED announced an interest rate hike, which caused havoc in the markets for about 10 mins. I thought the…

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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.

    AUDUSD LOSS

    I got back into the trade because price deviated back down to my previous entry. Trade was not successful, and…

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    AUDUSD PROFIT

    I got back into the trade again. The lower entry was compounded and confirmed by a hammer candlestick pattern. I…

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  • 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.

    AUDUSD LOSS

    I was alerted to this trade by the Forex App I am using currently. Perhaps, it was my eagerness to…

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  • #investing #life #swingtrader #mt4 #chart #capital #income #millionaire #trading #entrepreneur #success #daytrading #motivation #eurusd #nyse #nasdaq #commodities #trading #entrepreneur #motivation # #eurusd #daytrading #currency #millionaire #trading

    AUDUSD BREAKEVEN

    There was never a trade in this. I do not know why I got into #AUDUSD. The currency is heavily…

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

    AUDUSD LOSS

    I took the trade long, but the 15min chart was indicating short. This was not the best or ideal setup.…

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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.

    AUDUSD LOSS

    I got back into the trade again but with a better position. Unfortunately, the trade did not work and I…

    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”.

    AUDUSD LOSS

    I was too keen to  get in and the opportunity was never there, The cloud was not setup correct. Trade…

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  • The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

    AUDUSD LOSS

    The 1 hour chart was bullish, so my thoughts were that I may be able to get some quick price…

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