Having a bad day today.. USD CNH goes up and break 7

at this time of writing USD CNH is at 7.083

this is what happened when trading not using a stop loss, all hell break loose.

The reason of USD power up against Chinese Yuan is because on Friday, Mr. Trump announced another tax  increase as much as 10% on Chinese Imports.

 

 

The important lesson is to have a stop loss ! or at least a stop target (I heard rumor that some brokers are stop loss hunter).

 

 

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