EURGBP LOSS

EURGBP LOSS
18th October 2017 contacttf
#tradingstrategy #fundamentalanalysis #today #winner #tradercommunity #king #alltrading #cash #livetrader #amazing #realtime #investing #life #swingtrader #mt4 #chart #capital #income #millionaire #trading #entrepreneur #success

Price was in a channel, so I decided to take an entry. My biggest concern was the flat cloud formation.

Unfortunately, trade did not work this time. I got stopped out.

After trade analysis
My stop was not correct however, price bounced off the next resistance point. I would have been in profit, If I took the second opportunity.

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.

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*