tradingfields.com > USDCHF > USDCHF BREAKEVEN

USDCHF BREAKEVEN

USDCHF BREAKEVEN

29th July 2016 contacttf

Equilibrium is the state in which market supply and demand balance each other and, as a result, prices become stable. Generally, when there is too much supply for goods or services, the price goes down, which results in higher demand. The balancing effect of supply and demand results in a state of equilibrium.

I saw a trade work out on the 5 and 1 min chart, but the hour chart was against me.
I decided to take the trade based on grabbing some equilibrium. That was a panic trade. I traded for trading sake.

The equilibrium price is where the supply of goods matches demand. When a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal and that the market is in a state of equilibrium.

USDCHF closed trade breakeven. The odds were stacked against me. As I write the trade is positive, but for how long. I am happy to still keep my account intact.

29th July 2016

Categories:USDCHF

Tags:breakeven, USDCHF

0 Comments

0 Comments

Leave a reply Click here to cancel the reply