EURCHF

  • 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.

    EURCHF LOSS

    I got stopped out before I could post my entry. The candle sticks wicks can be tricky to isolate a…

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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.

    EURCHF LOSS

    I made this trade with caution. There were too many variables. The cloud was just not in my favour. The…

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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.

    EURCHF PROFIT

    I was unable to map out a resistance line using the Ichimoku cloud. I used the candlestick wick from the…

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  • Senkou Span B (Leading Span B): (52-period high + 52-period low)/2)) 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.

    EURCHF PROFIT

    Good trade all round. Got in at the right time, near my pre drawn support line. Trade moved up, eventually,…

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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.

    EURCHF PROFIT

    Trade entry was made when price hit mapped resistance zone. My stop was just above 1.15700. Price did eventually hit…

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    EURCHF LOSS

    I took the trade based on my strategy, and the crack and snap technique. Trade was taken when Kumo was negative.…

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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.

    EURCHF LOSS

    This makes it 10 losses in a row. I got in lower, trade did not work again. I think the…

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  • #trade #forex #trading #broker #forexsignal #forexsignals #forextrader #gold #brent #eurusd #usdjpy #xauusd #stocks #money #trader #business

    EURCHF LOSS

    I got into the trade based on good chart setup, however, the Ichimoku cloud was not favourable. Trade did not…

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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”.

    EURCHF LOSS

    After 3 unsuccessful GBPUSD trades, I decided to get into EURCHF instead. The charts look good. Trade did not work…

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  • #trading #daytrader #daytrading #forextrader #forexgroup #forex #usd #beijinhos #algo #newopportunities #capitan #startups #forexsignals #forextrading

    EURCHF PROFIT

    The AUDUSD and EURGBP were on my radar for quite a while. I missed 2 opportunities earlier, because of over…

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