I already did the buy order and the sell order. all you need
I already did the buy order and the sell order. all you need to do is write a 1-2 page paper explaining the profits. why did you choose that currency and what reasons made it currency go up or down. further will be explained below.So i did the trade on EUR/USD. screenshots of the buy and sell are attached below also the GRAPH OF the EUR/USD market.Steps to accomplish:You’re required to make one currency trade and hold your position until 3/31, either sell or buy X currency (your choice of pounds, euros, yen, etc.). Make your trade by 3/15/2020. Hold your position for 2 weeks; close your position by 3/31/2020.Write a short report that includes the following (1-2 pages, prefer APA style but not required):Name, date, class section (i.e. Finance 329 – Section XX)Which currency you traded and why? – Here I’m looking at what was your thinking and expectations by taking a currency position (for speculation purposes). Compute the profit or loss you incurred. Include a graph to show your beginning position and your close (last) position. Explain at least one event that occurred during your holding time that affected the value of your position (i.e. central bank changed rates, good/bad economic news, etc.)
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