Posts tagged with ‘AUDUSD’

  • 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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  • 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…

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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

    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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  • The Chikou span is the lagging indicator component of the Ichimoku Kinko Hyo candlestick trading model. The Chikou is a line of the most recent price action, but it is plotted 26 trading periods into the past. Chikou spans are designed to allow traders to visualize the relationship between current and prior trends.

    AUDUSD LOSS

    I felt there was an opportunity to scalp this pair. Unfortunately, I was wrong and the trade did not work…

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  • The term

    AUDUSD LOSS

    Trade got stopped out before I could post entry. I am not too concerned, I was aware the 45min and…

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    AUDUSD LOSS

    This was a low risk high reward opportunity. The trade did not work as expected. There is not much to…

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  • #capital #income #millionaire #trading #entrepreneur #success #daytrading #motivation #nyse #nasdaq #commodities #trading #entrepreneur #motivation #daytrading #currency #millionaire #trading

    AUDUSD PROFIT

    The charts were in good position, but the 30min and 45min charts were neutral. I decided to take a risk,…

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  • #capital #income #millionaire #trading #entrepreneur #success #daytrading #motivation #eurusd #nyse #nasdaq #commodities #trading #entrepreneur #motivation # #daytrading #currency #millionaire #trading

    AUDUSD PROFIT

    I got back into the trade again, after FOMC news. The market was slow to react, but, when it did…

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