GBPUSD BREAKEVEN

GBPUSD BREAKEVEN
22nd July 2016 contacttf
Day trading is the act of buying and selling a stock within the same day. Day traders seek to make profits by leveraging large amounts of capital to take advantage of small price movements in highly liquid stocks or indexes.

GBPUSD was a very odd, to trade today. We had many support retests, that, later collapsed to give us buy opportunity.

I closed out having retraced back much more than I would have liked. Breakeven on this.

Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

I need to keep faith with my system. As I write, the position has flown up 1.31079.

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