Posts tagged with ‘GBP/USD’

  • Currency Trading is the act of buying and selling (trading) different currencies of the world. The Foreign Exchange (or Forex) is the market that allows you to trade currencies in volume.

    GBPUSD LOSS

    This week has been difficult. It must be 6 losses in a row. I had decided to revert back to…

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  • Examine the current British Pound US Dollar rate and access to our GBP USD converter, charts, historical data, news, and more.

    GBPUSD BREAKEVEN

    I made trade entry pretty sharpish. $gbpusd on my radar for a while. I took the opportunity to move my…

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  • A trading system is simply a group of specific rules, or parameters, that determine entry and exit points for a given equity. These points, known as signals, are often marked on a chart in real time and prompt the immediate execution of a trade.

    GBPUSD BREAKEVEN

    Very poor trade overall. I should have known better. My entry was stuck been 2 resistance areas. The price started…

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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.

    GBPUSD PROFIT

    I got in at a better entry this time. It bounced off the support area. I moved the stop up…

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  • Common Approaches to Adjusting Stop Losses. One approach that can work is to wait for a defined length of time, one that should have given your trade enough time realistically to “breathe”. Once this time has elapsed, if your trade is showing a loss, exit immediately; if a profit, move the stop loss to break even.

    GBPUSD LOSS

    Very poor start to the day. My trade entry was not great. I left a lot on the table. I…

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  • The foreign exchange market is the

    GBPUSD PROFIT

    I got back into the trade slightly higher. I may have miss calculated the previous trade entry. Trade closed with…

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  • GBPUSD LOSS

    All charts line up. The resistance on the 1 day chart was apparent but not clear. I lost trade before…

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  • Traders call the GBP-USD pair ‘cable’, referring to the submarine telegraph cable placed between the United States and Great Britain in the 1800s.

    GBPUSD PROFIT

    I made 2 poor entries in a matter of minutes. My exit was good, but I should have tried to…

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  • A sell trailing stop order sets the stop price at a fixed amount below the market price with an attached

    GBPUSD PROFIT

    I was unable to place any trades last week. Too busy working on other projects. It is nice to be…

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  • The British Pound against the US Dollar is one of the oldest currency pairings in the world

    GBPUSD PROFIT

    I followed my system all the way through. I was hoping the trade would yield a bigger return. I executed…

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