Posts tagged with ‘EURGBP’

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    #EURGBP LOSS

    I took a short on this based on technicals and EUR being Bearish.. The 5 and 15 min were pointing…

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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.

    EURGBP PROFIT

    There was not much in the way of trading opportunities today. I had a very short term interest in EURGBP.…

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    EURGBP BREAKEVEN

    I did miss out on the previous opportunity, so I took this trade when the price returned near the resistance…

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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.

    EURGBP LOSS

    The charts are in correlation all the way through to the daily’s. I think EURGBP is overbought, and we should…

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    EURGBP LOSS

    I am not getting the ‘rub of the green’ (Not sure if the phrase is universal). I do not think…

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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.

    EURGBP PROFIT

    I used the support from the weekly chart. There wee no definitive and clear point of entry. Trade closed manually…

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  • The Foreign Exchange market, also called FOREX or FX, is the global currency trading market. ... On the FOREX market one currency is exchanged for another. The single most important thing on the FOREX market is the exchange rate between two currencies (a currency pair).

    EURGBP PROFIT

    I got back into the trade for a 3rd time. The price was able to stick, and I was able…

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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.

    EURGBP LOSS

    I got back into the trade a second time. Trade did not work again. If possible, I hope to get…

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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.

    EURGBP LOSS

    I think there is very good potential for bull move with #eurgbp. The charts looks good. Unfortunately trade did not…

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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.

    EURGBP PROFIT

    I made two trade simultaneously. This is not something I like to do. The EURGBP looked a better opportunity. Trade…

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