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USDJPY BREAKEVEN

13th March 2017 contacttf

What is Forex Trading? 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.

All charts line up, I used the cloud support on 1 day chart to gain entry.

I was a little late executing, so, my entry was not ideal.

I closed out breakeven, because I moved my stop up.

The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world.