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EURCHF PROFIT

19th December 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".

I missed the initial entry because I was away from my desk.

Trade was taken with a smaller return outlook. Despite this I think there is healthy grounds for a profitable trade.

The relative strength index (RSI) is most commonly used to indicate temporary overbought or oversold conditions in a market. An intraday forex trading strategy can be devised to take advantage of indications from the RSI that a market is overextended and therefore likely to retrace.