What is the Currency Cross? Forex pairs that do not involve the USD are referred to as ‘cross pairs’. These are pairs such as the EUR / JPY and CAD / CHF. Before currency cross pairs were created, trading different currencies was not as easy as it is today. If someone wanted to exchange their …
Beginner Trading Lessons
Common Forex Trading Traps to Avoid
Over Trading Without a doubt at all, the biggest trading account killer in the world is OVER TRADING. Over trading is a disease that has spread all throughout the trading world and held many accounts hostages. This is by far the biggest mistake traders make throughout the world. Over …
What is Currency Correlation in the Forex Market?
What is Currency Correlation in the Forex Market?I am sure you would have noticed that some pairs seem to move together and create very similar patterns.For example; if one JPY pair creates a certain move, then a lot of them will, or if one USD pair sells off heavily, many of them will. This is …