Posts tagged with ‘AUDUSD’

  • 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.

    AUDUSD LOSS

    This was a poor entry all round. The Kumo was not favourable and I still entered. The rest of 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 BREAKEVEN

    Trade entry made, using support from the 15min chart. I missed the initial surge, so I got in higher than…

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

    AUDUSD BREAKEVEN

    A very poor trade entry on a late Friday with very little volume. The entire setup was wrong. the price…

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  • #motivation #entrepreneur #technicalanalysis #investment #dollar #stock #market #economy #tradingstrategy #fundamentalanalysis #today #winner #tradercommunity #king #alltrading #cash #livetrader #amazing #realtime

    AUDUSD LOSS

    The sell/short opportunity was short lived. I got stopped out because my stop was too tight. I am not frustrated,…

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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.

    AUDUSD LOSS

    After identifying resistance for AUDUSD, I got in what look like a very good entry. Trade was in profit for…

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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 was a little late getting in at the peak. For this reason my trades potential would be smaller than…

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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

    Again, I was late into $audusd. The price returned back near the previous resistance area. I am cautious about the…

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  • Trading the AUD/USD currency pair is also known as trading the

    AUDUSD PROFIT

    The chart setup was on my watchlist for a while. I missed the first entry, so when the second opportunity…

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  • DEFINITION of 'Tenkan-Sen' The mid-point between the highest high and lowest low of a particular security calculated over the past nine periods. The Tenkan-Sen line is the conversion line used specifically in the Ichimoku Kinko Hyo (or Ichimoku Cloud) equilibrium charts.

    AUDUSD LOSS

    I got in and stopped out pretty quick.I was unabel to post on social sites. The setup was not ideal.…

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  • The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength.

    AUDUSD LOSS

    I was correct in getting into the trade. The price was moving down, until news stalled the price movement. I…

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