18th January 2018 contacttf
The Foreign Exchange market, also called FOREX or FX, is the global currency trading market. ... On the FOREX market one currency is exchanged for another. The single most important thing on the FOREX market is the exchange rate between two currencies (a currency pair).

The Swiss Franc was on my radar, with EURCHF and USDCHF.

I got into the USDCHF, after waiting for the price to show me a reversal.

The support was used from the  1 day chart, so there was a good possibility for a jump in price.

I got out because the chart on the 5 min chart did not look favourable.

I was wrong, I should have seen my strategy through as profit would have doubled.

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".


Leave a reply

Your email address will not be published.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