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USDCHF BREAKEVEN

USDCHF BREAKEVEN

7th February 2018 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 used the resistance from the candle charts to get an entry, there were no valid entry zone via Ichimoku cloud.

I closed out the trade for breakeven, because I could not see the price going lower, due to the flat cloud structure.

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.

7th February 2018

Categories:USDCHF

Tags:breakeven, USDCHF

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