GBPUSD LOSS

GBPUSD LOSS
11th April 2017 contacttf
The British Pound against the US Dollar is one of the oldest currency pairings in the world.

All charts line up.

The price was breaking out the Ichimoku cloud, so I entered with caution.

Trade got stopped out soon thereafter.

After trade analysis
Price came back down slightly, before punching through the ceiling and currently showing 1.24893.
Without my tight stop I would have lost my entire account.

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade.

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