What is Forex ?
Forex relates to the Foreign Exchange Markets.
Just put in a Buy Limit on AUDCHF, gret risk reward ratio if the pair retraces slightly to support.
Price broke through support level. Stopped out.
Took a long on the support level below.
We have identified a good selling zone and we’re waiting for a sell signal on GBPCAD.
Target will be the support zone below. Could provide a good risk / reward ratio.
Hi all, back to work and back to the trading station ! July was a disastrous month with mainly losers and a -6.5% performance. Money ,anagement was respected but trades simply did not playout with a lot of whipsawing.
You can still follow all of my peformance and trades on MyFxbook.
Now let’s see what this end of August has in store. Summer trading is usually not very good and that was confirmed again this year. No change in my trading system, pure price action, playing rejection of major levels, and always conservative money management.
Silver retraced and took me out. Took a second loss on GBPJPY.
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