EURUSD BREAKEVEN

EURUSD BREAKEVEN
22nd July 2016 contacttf
Forex (or sometimes just FX) is short for foreign exchange, and is the largest financial market in the world. Simply put, it's how individuals and businesses convert one currency to another. FX transactions worth trillions of dollars take place every day, and unlike stocks or commodities there's no central exchange.

Unusual trade this one. All the charts line up, just could not build enough steam. I almost got stopped out.
I learnt from Steve Nison. Keep your stop just below/above, support/resistance. It worked this time.

My system was not fully exhausted, but I closed out, and happy to breakeven.

The Forex (currency) Market is the world's most traded market, with an average turnover in excess of $4 trillion a day.

As I write it is showing bullish crossover move.

 

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