Posts tagged with ‘breakeven’

  • Successful professional traders do three things that amateurs often forget. They plan a trading strategy, they follow the markets, and they diarize, track, and analyze each of their trades.

    USDJPY BREAKEVEN

    Another breakeven trade. I had loads of opportunities to close out early to take profit. I went beyond TF1 Method…

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  • The breakeven point is the price level at which the market price of a security is equal to the original cost.

    USDJPY BREAKEVEN

    I was really dissapointed by my trading method on this play. I had a poor entry and exit. I took…

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  • Nonfarm payroll is a monthly report generated and reported by the U.S. Bureau of Labor.

    GBPUSD BREAKEVEN

    I got back in because of another opportunity and similar setup. My worry now is the support becoming resistance for…

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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.

    USDCAD BREAKEVEN

    I was a little caught out with this one. I got in later than I would have liked. The exitited…

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  • USDCHF BREAKEVEN

    I had been waiting for this setup for sometime. I even posted on Twitter and Google +. My entry was…

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  • The Ichimoku Kinko Hyo system includes five kinds of signal, of which this site highlights the most recent of each for each ticker. The Ichimoku signals, indeed all Ichimoku elements, should never be taken in isolation, but considered in the context of the overall chart.

    USDCAD BREAKEVEN

    Just been through a snail trade today. What I mean by that is the price was just not moving. In…

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  • There is nothing fundamentally wrong with moving your stops to break even, but the absence of common sense and the naiveté most traders have when it comes to moving their stops is often quite disturbing.

    GBPUSD BREAKEVEN

    Another GBPUSD trade. My third on the same pair on the same day. 1,5,30 60 min line up, but the…

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  • The largest stock market in the world, the New York Stock Exchange, trades a volume of about $22.4 billion each day.

    GBPUSD BREAKEVEN

    Got back into the trade again GBPUSD, because it was closer to the round number 1.30000. I was expecting a…

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  • If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have.

    EURUSD BREAKEVEN

    EURUSD bounced off support. The round number 1.12200 was a key factor to get in. The trade ran up nicely…

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  • A stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price.

    EURUSD BREAKEVEN

    I took the entry based on resistance at 4 hr chart. The news out at 12:45pm BST added to uncertainty.…

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