EURUSD LOSS

EURUSD LOSS
11th January 2017 contacttf
People make money trading forex in several different ways. Scalpers hold positions for no longer than 5 minutes. Other traders may adopt a strategy that lets them analyze their charts once a day to look for opportunities then step away from the markets until the next day. There really is no wrong way to trade forex.

4 Trading losses in a row. A poor performanace overall.

The chart patterns line up, but the trade did not work out again.

My resistance points need to be clearer.

A take-profit order (T/P) is an order used by currency traders specifying the exact rate or number of pips from the current price point where to close out their current position for a profit. The rate deemed to be the level where the trader wants to take a profit is sometimes referred to as the "take-profit point".

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