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USDCAD LOSS

23rd December 2016 contacttf

The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world.

The Charts line up, but my trade entry was poor.

The stop was really wide, and I missed the initial dip.

Bigger loss, than I would take normally.

When trading a mini lot (10k units of currency), each pip is worth roughly one unit of the currency in which your account is denominated. If your account is denominated in USD, for example, each pip (depending on the currency pair) is worth about $1.

USDCAD LOSS

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USDCAD LOSS

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