USDJPY

  • In the forex market, think of money as a commodity, you are buying a currency hoping that its value will increase, and if you are selling you are betting that it will decrease. ... Instead the forex market is an interbank market, which means it's all connected together in a network of banks and institutions.

    USDJPY PROFIT

    I got back into the trade again. To isolate a tight move, I drew the other resistance points. Trade worked…

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  • In the forex market, think of money as a commodity, you are buying a currency hoping that its value will increase, and if you are selling you are betting that it will decrease. ... Instead the forex market is an interbank market, which means it's all connected together in a network of banks and institutions.

    USDJPY LOSS

    Trade entry taken, although I was worried by the cloud setup. The flat lines always makes me defensive. I got…

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  • The Ichimoku Cloud is an indicator designed to tell you everything you need to know about a price trend, including its direction, momentum, dynamic support and resistance levels, and even trade signals. The Japanese name—Ichimoku Kinko Hyo—means “one look (or glance) equilibrium chart.”

    USDJPY LOSS

    After the previous breakeven, I got back in again. There were 2 resistance points on the 15 min chart. I used…

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    USDJPY BREAKEVEN

    I looked through all my trading pairs. USDJPY looked to have the biggest opportunity. My resistance was drafted out using…

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  • #entrepreneur #daytrading #inspiration #technicalanalysis #success #trading #daytrading #motivation #entrepreneur

    USDJPY PROFIT

    1. I needed to go all the way back to the 1 hour chart to draft a support line. Price…

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  • #investment #analysis #currencytrader #priceaction #investor #knowledge #banking #exness #moneymanagement #forexlife #forexquote #xm #stacking

    USDJPY BREAKEVEN

    The shift in thinking, to map out the resistance/support areas in advance, is helping me to stay focus, and clear.…

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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.

    USDJPY BREAKEVEN

    I got back into the trade lower. The bounce off the support needed a quick push to the long side.…

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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.

    USDJPY LOSS

    Trade did not work again. 11 consecutive losses in a row. The low risk and high reward strategy, gives losing…

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  • llar #euro #investor #gbpusd #investing #billionaire #technicalanalysis #markets #usdjpy #metatrader #usd #london #foreignexchange #futures #forexmarket #cash #forexgt #trading #entrepreneur #forextrading

    USDJPY LOSS

    #usdjpy is not friendly towards me and my system. In isolation, my win/loss ratio is extremely poor. Entry taken what…

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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.

    USDJPY BREAKEVEN

    The 5 & 1 min chart looked to line up. I took the entry, but my judgement was not clearly…

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