EURCHF LOSS

EURCHF LOSS
8th February 2019 contacttf
This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as "Leading" because it is plotted 26 periods in the future and forms the faster Cloud boundary.

This was my final attempt to get some gains.

My track record on this pair is pretty poor. I am thinking of quantifying the trades in Excel. This should allow me to see a snapshot and a overview of my wins and losses.

Trade did not work. Not much more I could have done. I will keep and eye and see where the price moves from here.

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.

 

 

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