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GBPUSD PROFIT

GBPUSD PROFIT

6th October 2017 contacttf

All currency trading is done in pairs. Unlike the stock market, where you can buy or sell a single stock, you have to buy one currency and sell another currency in the forex market. Next, nearly all currencies are priced out to the fourth decimal point. A pip or percentage in point, is the smallest increment of trade.

I ear marked this trade some time back. After waiting for the price to bounce off support, I was late with entry.

Trade closed manually, because of candlestick warnings.

The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into “one look equilibrium chart”.

6th October 2017

Categories:GBPUSD

Tags:GBP/USD, profit

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