tradingfields.com > EURCHF > EURCHF PROFIT

EURCHF PROFIT

22nd February 2019 contacttf

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.

I have lost 24 times on this pair, and my wins currently sit at 9. By my calculations that is 27.3% winning probability.

Despite the poorer trade returns, I got into the trade again, using the next support line.

Fuelled by the EUR Draghi speech, the price rose sharply to hit the previous resistance.

I got out as quickly as possible.

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or Over The Counter (OTC) market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.