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AUDUSD LOSS

AUDUSD LOSS

13th October 2017 contacttf

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The sell/short opportunity was short lived. I got stopped out because my stop was too tight.

I am not frustrated, because my call was correct. As I write price has dropped to 0.78402.

All currency trading is done in pairs. Unlike the stock market, where you can buy or sell a single stock, you have to buy one currency and sell another currency in the forex market. Next, nearly all currencies are priced out to the fourth decimal point. A pip or percentage in point, is the smallest increment of trade.

13th October 2017

Categories:AUDUSD

Tags:AUDUSD, loss

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