GBPUSD LOSS

GBPUSD LOSS
25th August 2017 contacttf
The term "currency trading" can mean different things. ... These articles, on the other hand, discuss currency trading as buying and selling currency on the foreign exchange (or "Forex") market with the intent to make money, often called "speculative forex trading".

I got back in because I believe that a big drop is likely on the GBPUSD.

Unfortunately, I was wrong again. I got stopped out shortly after.

After 3 attempts, I do not go back in. This keeps my emotions in check.

Due to the bank holiday weekend, I have decided to close trading for the day.

My recent record looks scary. In fact, most people would have given up.

After trade analysis
Price has moved in a channel, and no drop as expected.

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or Over The Counter (OTC) market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.

 

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