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GBPUSD BREAKEVEN

17th January 2019 contacttf

The Foreign Exchange market, also called FOREX or FX, is the global currency trading market. ... On the FOREX market one currency is exchanged for another. The single most important thing on the FOREX market is the exchange rate between two currencies (a currency pair).

I got into the trade again using my previous entry signals.

The position was closed manually because, price just bounced off the cloud, and I did not like the flat Senkou A and B.

I was correct in my judgement, this time.

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.