EURGBP LOSS

EURGBP LOSS
2nd June 2017 contacttf
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.

EURGBP and EURUSD was on my radar, because it had a similar chart pattern setup.

Trade got stopped out. I should have known better, I did not review the candle chart in detail.

After trade analysis
After a 123 snap, the price is trading 0.87546. I was unfortunate that my entry was early.

Euro (Currency code: EUR) The euro (sometimes called “fibre”) is used by over 320 million Europeans and 17 nations in the eurozone (euro area).

 

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