Good morning Tuesday, come back again to my trading journal with FXOpen.
Here I want to write if make profit from forex trading is not easy. I am believe each traders has different skills in making money from trading.
Yesterday market on Monday market the price volatility is low on pairs like EURUSD, AUDUSD, etc, I am making a mistake trading on AUDUSD, impatience enforced me face to lose trade in AUDUSD, I see the price fall and break low price on the M15 timeframe, but when I open sell the price move to up slowly. Hit stop loss then trying to switch open buy on AUDUSD with expectation the bullish will continue. Today there is important news for AUD, my trades are full speculation.If the price move higher hence will get profit, however, if the price drops hence will margin call account.