USDCHF LOSS

USDCHF LOSS
15th May 2017 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.

The trade did not bounce as expected. I went back to the 1 hr chart, and I could see a potential resistance area.

I took the long position because the 5 and 1 min chart line up.

USDCHF did not work this time.

Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$5.3 trillion per day.

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*