Posts tagged with ‘profit’

  • 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 PROFIT

    Did you mean: Trade entry near support with tight stop. I almost got stopped out a few times. After trade…

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  • 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.

    GBPUSD PROFIT

    Due to a bug on my website. This post did not save yesterday. The price ripped through my pre-drawn resistance…

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  • Senkou Span B (Leading Span B): (52-period high + 52-period low)/2)) On the daily chart, this line is the mid point of the 52 day high-low range, which is a little less than 3 months. The default calculation setting is 52 periods, but can be adjusted. This value is plotted 26 periods in the future and forms the slower Cloud boundary.

    GBPJPY PROFIT

    Trade entry near pre drawn support line. Good entry point but the exit was made manually. I closed before RSI…

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  • Senkou Span B (Leading Span B): (52-period high + 52-period low)/2)) On the daily chart, this line is the mid point of the 52 day high-low range, which is a little less than 3 months. The default calculation setting is 52 periods, but can be adjusted. This value is plotted 26 periods in the future and forms the slower Cloud boundary.

    EURCHF PROFIT

    Good trade all round. Got in at the right time, near my pre drawn support line. Trade moved up, eventually,…

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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.

    EURCHF PROFIT

    Trade entry was made when price hit mapped resistance zone. My stop was just above 1.15700. Price did eventually hit…

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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.

    USDCHF PROFIT

    I got into the trade very late. I had enough opportunity to get in, with the cup pattern formation. As…

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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”.

    EURUSD PROFIT

    EURUSD SELL/SHORT. The price has overshot the previous resistance 1.18327. I am in, at a higher level. My stop is…

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  • money #trader #business #pips #wallstreet #entrepreneur #fx #motivation #success #profit #investment #finance #invest #daytrader #wealth #stockmarket #lifestyle #eurusd #daytrading #forexsignals #currency #luxury

    EURGBP PROFIT

    I need a toilet break, so I was late getting in. My entry was not ideal. I would like to…

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  • The Ichimoku Cloud is an indicator designed to tell you everything you need to know about a price trend, including its direction, momentum, dynamic support and resistance levels, and even trade signals. The Japanese name—Ichimoku Kinko Hyo—means “one look (or glance) equilibrium chart.”

    EURGBP PROFIT

    I marked the resistance area 2 hours previously. The price ripped through this zone, so I waited for a turn…

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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.

    GBPUSD PROFIT

    I ear marked this trade some time back. After waiting for the price to bounce off support, I was late…

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