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AUDUSD LOSS

20th April 2018 contacttf

The term "currency trading" can mean different things. ... These articles, on the other hand, discuss currency trading as buying and selling currency on the foreign exchange (or "Forex") market with the intent to make money, often called "speculative forex trading".

Trade got stopped out before I could post entry. I am not too concerned, I was aware the 45min and 1 hour chart were both bearish.

In the forex market, think of money as a commodity, you are buying a currency hoping that its value will increase, and if you are selling you are betting that it will decrease. ... Instead the forex market is an interbank market, which means it's all connected together in a network of banks and institutions.