USDCAD LOSS

USDCAD LOSS
23rd December 2016 contacttf
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.

I feel better about this trade. I followed my strategy. My stop was much tighter this time.

The risk/reward ratio was much better.

The trade did not work out. I got stopped out for second time within an hour.

I will not be entering again, because I am likely to make unbalanced decisions.

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.

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