EXPERIENCE REPORT FROM A BEGINNER
<p>Good morning everybody! I'm a beginner and I'm learning everyday some more stuff from you all! Thanks a lot! Yesterday, I tried to trade the GBPNZD by using a short position. The time of opening the trade was not optimal (because I should have wait for the beginning of the retracement, that I expected). In H1 there was a long way against my trade (surely). In the evening it was not a better picture and I was motivated to close my position; why? I saw the power slopes moving together: maybe the GBP was arising? But then I looked at the VOLUME, seeing that GBP was slowly decreasing in the past hours. So I thought, that the lowering power could be explained by the assumption of a retracement. </p>
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