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How to Use Currency Pairs to Your Advantage

Currency pairs are a mechanism that compares two separate countries’ currencies against one another. The relationship between the two currencies is inverse, which means that, if one goes up, the other must go down. Why Were Currency Pairs Created? Currency pairs allow the foreign exchange market to decide which currency is stronger based on technical [...]

By | July 12th, 2016|Forex Education|0 Comments

Trade Idea – USD JPY Prints Strong Bullish Candle

USDJPY Prints a Strong 4 Hour Bullish Candle After failing to create a lower low on the 4H chart, USDJPY prints a strong candle just above the previous high. The close on the bullish candle printed a few pips above the last high, indicating that the market would move up a bit more before taking [...]

By | March 21st, 2016|Trade Ideas|0 Comments