USDCAD BREAKEVEN

5th March 2018 contacttf

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.

I was neither here or there in this trade, my entry was in ‘no mans land’.

My judgement to get in, was based purely on price movement.

I was getting agitated and emotional about getting every trade right. This is not good for an active trader. The emotional biases can make one vulnerable to mistakes.

I have decided to close shop for the day. I may take a few days off to reflect.

The Ichimoku Cloud is an indicator designed to tell you everything you need to know about a price trend, including its direction, momentum, dynamic support and resistance levels, and even trade signals. The Japanese name—Ichimoku Kinko Hyo—means “one look (or glance) equilibrium chart.”