Why Are Currencies Traded as Pairs? When you buy or sell a currency through a broker or dealer you are trading in currency pairs. Whilst this may sound like confusing to some, it is very simple once explained. “Pairs” are made up of two currencies. For example; you have the EURUSD which is the EURO …
Weekly Price Action Trade Ideas – 1st to 5th July
Weekly Price Action Trade Ideas – 1st to 5th July Markets Discussed in This Week’s Trade Ideas: EURUSD, GBPUSD, AUDJPY and CHFJPY. GBPUSD Daily and 4 Hour Charts Bearish Engulfing Bar Inside Box Price on the daily chart of the GBPUSD has formed a Bearish Engulfing Bar. Whilst a …
Forex vs Stocks – What Should You be Trading?
Forex vs Stocks - What Should You be Trading?I am often asked about whether the stock market is similar to the Forex market and how both markets compare.There are some huge differences between the Forex and stock markets that make them suitable to different sorts of traders and investors.A lot of …