After tried some virtual forex trading within Marketiva, and I started to do real tradings from yesterday, but just with the 5 free USDs in marketiva.
Yesterday, I found the GBP is keeping decreasing, so I shorted GBP/USD. The buy in price is at 1.4768, and I set take profit at 1.4550, and stop loss at 1.4900. After about half day, it gave me 218 pips profit. Of course, it is only 2.18 USDs because of my trade size, but it is still a good start, isn’t it?
The trend is your friend
In up-trends, buy the dips; in downtrends, sell bounces
Tags: Forex, Forex trading