Posts tagged with ‘USDCHF’

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    USDCHF LOSS

    2 of 2 trade. USDCHF was on my radar for a while. I wanted to go long. I made so…

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    USDCHF LOSS

    1 of 2 trade. USDCHF was on my radar for a while. I wanted to go long. I made so…

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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.

    USDCHF LOSS

    This was a very poor trade. The setup was never going to be successful because of the following reasons 1.…

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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.

    USDCHF PROFIT

    The Swissy was on my Watchlist for some time. USDCHF showed its colours before EURCHF. What I found was that…

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    USDCHF PROFIT

    The outlook for this is also very clear. Trade entry closed manually, because I needed to leave my desk. Small…

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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.

    USDCHF LOSS

    I jumped on this trade shortly after losing on the previous. The strategy was there, but this position did not…

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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.

    USDCHF BREAKEVEN

    Very poor trade all round. The entry was too far away from my stop. The RSI was not clearly defined.…

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    USDCHF PROFIT

    I have had very few opening trades that are winners. I am happy to get off, to a green arrow.…

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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 needed to wait for the price to hit the second support line. Trade setup was ideal for a small…

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    USDCHF LOSS

    The second entry was just below the pre-drawn support line. The idea was to grab a small chunk. I got…

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