EURJPY LOSS

EURJPY LOSS
26th October 2017 contacttf
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Trade entry is near support, I waited until I could see a better Kumo setup.

The trade is with caution as RSI on the 15 min and 1 hr chart is bearish.

I would like to see price jump before ‘Leading Span B’ flat line.

Trade stopped out at 132.973.

I am not to worried, because I understood the reasons price did not jump.

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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