Posts tagged with ‘breakeven’

  • 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.

    EURCHF BREAKEVEN

    EURCHF looked a better trade setup than #eurgbp.  I took the trade because I could see price bouncing off resistance.…

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  • EURGBP BREAKEVEN

    The charts seemed to line up, but the RSI pink was slightly lagging. I took the trade anyway. After 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.

    USDCAD BREAKEVEN

    This has been on my radar for some time. USDCAD CLOSED BREAKEVEN. The price did not surge as expected. I…

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  • #trendsoftrading #stocks #wallstreet #forex #motivated

    USDJPY BREAKEVEN

    Trade taken on price reversal. Tight stop added. #usdjpy $usdjpy #forex #fx USDJPY CLOSED BREAKEVEN. I closed out because I…

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  • Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    EURNZD BREAKEVEN

    There were no clear trading opportunities in my pool of trading pairs. I decided on EURNZD, because the charts seem…

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  • GBPUSD BREAKEVEN

    I got into the trade after the rebound. Although the entry was not in line with my system, I could…

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  • #trading #money #trader #forextrader #business #pips #forextrading #wallstreet #entrepreneur

    USDCAD BREAKEVEN

    I missed the initial turning, so I took the trade at the next retracement. The risk/reward looked good, and the…

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  • #financial #strategy #bulls #bullish #forex #forexsignal #forexstrategy #fx #indicator #pips #profit #trade #trading #forextrader

    EURUSD BREAKEVEN

    I missed 3 opportunities on this. I could see a bounce off the clouds on the 1min chart, so I…

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  • What is Forex Trading? Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

    EURUSD BREAKEVEN

    Plenty of mistakes in this one. Got into the trade higher than I would have liked, and my exit was…

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

    EURUSD BREAKEVEN

    All charts line up. I thought I missed the opportunity earlier. The news was imminent, so I stayed out. As…

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