Posts tagged with ‘USDCAD’

  • #investing #life #swingtrader #mt4 #chart #capital #income #millionaire #trading #entrepreneur #success #daytrading #motivation #eurusd #nyse #nasdaq #commodities #trading #entrepreneur #motivation # #eurusd #daytrading #currency #millionaire #trading

    USDCAD LOSS

    I have been following this pair for a while. The support is taken from Ichimoku cloud. Although, I am less…

    by
  • 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”

    USDCAD LOSS

    Second bite a the trade. I still think there is momentum in this. Stop used from the flat section of…

    by
  • 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.

    USDCAD LOSS

    USDCAD was on my watchlist. I took the entry as price was near previous low. Trade did not work again.…

    by
  • 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).

    USDCAD LOSS

    I had 2 pairs on my watchlist, #usdcad and #gbpusd. Unfortunately for me, I picked the wrong trade. My stop…

    by
  • #trade #forex #trading #broker #forexsignal #forexsignals #forextrader #gold #brent #eurusd #usdjpy #xauusd #stocks #money #trader #business #pips #wallstreet #entrepreneur #fx #motivation #success #profit #investment #finance #invest #daytrader #wealth #stockmarket #lifestyle #eurusd #daytrading #forexsignals #currency

    USDCAD BREAKEVEN

    I got back in after getting stopped out previously. The price bounced nicely and formed what looks like a cup…

    by
  • 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.

    USDCAD LOSS

    The charts looked right, and the patterns seemed correct. The risk/reward was very good. I got in, with the intention…

    by
  • Tight Stop. The act or practice of raising a stop price to minimize losses from a long position. For example, suppose one buys a stock at $20 with a stop price of $18 (meaning the stock will be sold automatically if the price hits $18 in order to prevent further losses).

    USDCAD LOSS

    With no other opportunities, I was chasing the trade. This made me make a catalogue of errors. The 5 min,…

    by
  • #trading #money #trader #forextrader #business #pips #forextrading #wallstreet #entrepreneur #fx #motivation #success

    USDCAD PROFIT

    The charts looked good, for a rebound. I waited for a candlestick chart confirmation. The entry was near support. Risk/reward…

    by
  • 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.

    USDCAD PROFIT

    I took the trade with a tight stop as price was in a range on the 1min chart. The flat…

    by
  • 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…

    by