14th March 2019 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 Fundamental and Sentimental outlook for this pair is neutral.

Using this as a parameter, I decided to trade this on a purely technical level.

Trade entry made because price bounced near support.

I closed the position manually, as price did not penetrate through the near term resistance.

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".


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