EURUSD BREAKEVEN

EURUSD BREAKEVEN
2nd March 2017 contacttf
Currency Trading is the act of buying and selling (trading) different currencies of the world. The Foreign Exchange (or Forex) is the market that allows you to trade currencies in volume.

All charts line up. There was no clear resistance on 1 day charts, so I moved to 1 month.

Trade did not work out. I was expecting a quick and big snap.

I closed trade for breakeven, which feels like a loss.

After trade analysis
The trade has shot up considerably. If I was in the trade, I would be in profit.

The foreign exchange market is the market in which participants are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.

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