Latest Posts with Forex tag

Forex

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$FOREX The stalking of AUDCAD after a +96 pip 2 trade week $FOREX

14 Sep 2020 1 minute read 1 comment RT618

Uptrend signs of exhaustion though I want to wait on xing of Ichi Conversion and Base line.At that point Base line will be above Conversion line.A retest up near it is where a SHORT trade may be entered. As before initially setting target and stop...

FOREX WEEKLY RESULT 2 TRADES +96.9 PIPS

11 Sep 2020 1 minute read 0 comments RT618

Stuck to the plan that at times is very hard though this week has great results. The AUDCAD trend has twice tested .78 fib retrace of prior trend.  It's coming to a pinch point triangle with .78 fib and the channel. I will not be entering another tr...

THIS AUD/CAD TREND STILL HAS ROOM TO GO...

10 Sep 2020 1 minute read 0 comments RT618

Following plan of the last 2 blog entries were great success closing at +51 pips. A retrace post CAD news event has us back near channel bottom. Now a look at MACD and RSI tell me another pop to channel top is a decent possibility.... Lets take a loo...

Closed/paused AUDCAD + 51 pips before CAD rate news in 45 Min

9 Sep 2020 1 minute read 0 comments RT618

Closed/paused AUDCAD+51pips before CAD rate news in 45 Min. Trade is up 51 pips since entry Tuesday. Good possibility to re enter after CAD rate decision at 7AM this Wednesday morning. Notice the MACD version I use has red and green dots. These aler...

How To Calculate Lot Size According To Equity

7 Sep 2020 3 minute read 2 comments Curexmy.com

It’s pretty simple no need to stuck and getting into complexities as a forex retail trader so let’s see in this post how to calculate and understand in a short way, what is lot sizes in forex trading? & how to calculate lot sizes according to currenc...

Understanding Strangle Options strategy in Currency Options

1 Sep 2020 5 minute read 0 comments bhaskarndas

There are several strategies in options trading for both option buyers and sellers. There are strategies which are specific to particular market moves. There are two most common and famous strategies one is strangle, and another is straddle (both sho...

Who is The Market Operator in Currency Market?

29 Aug 2020 4 minute read 8 comments bhaskarndas

In the stock market, operators are big institutions such as fund houses and Big retail investors who decide prices in the open market. In this case, you are pretty much aware of your competitors. How you will fair in that competition is well known to...

Can a single currency depreciate more than 20% in a single day?

29 Aug 2020 3 minute read 1 comment bhaskarndas

Can a single currency depreciate more than 20% in a single day? While trading in currency derivatives the average movement seen in USDINR pair is 0.30%. Maximum movement of USDINR pair has been restricted to 1.12–1.20 % up and down in a single day of...

Understanding Currency Manipulation

28 Aug 2020 7 minute read 3 comments bhaskarndas

On Aug 05, 2019, USA labelled China as a “Currency Manipulator”. This move made by the USA had sent ripples in the markets, and the result was mayhem which everybody experienced in Aug and September in 2019. Forex, stock market and other relevant mar...

Figuring Your Forex Trading Style

24 Aug 2020 4 minute read 0 comments bhaskarndas

image courtesy: maxpixel.net In my opinion, these days, traders should be categorized on the basis of behavioral approach they take while trading Forex. In my opinion, the traders can be categorized into three main categories. Price-action or price...