Learn About the Currencies You Trade

Re: Learn About the Currencies You Trade

Lucifer78

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understand the currency that we trade will be very profitable, especially when we want to know a sentiment in the movement of a pair in the market. The currency we learn must also match the pairs we trade.

#31 - February 16, 2020, 06:20:34 AM

Re: Learn About the Currencies You Trade

carlien

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learning the character of a currency is one of the important things to do because knowing the character of a currency also includes things that encourage a progress in trading.

#32 - February 17, 2020, 06:44:08 AM

Re: Learn About the Currencies You Trade

ReezteexFx

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Each country's currency has its own characteristics, for example the Japanese yen often weakens its own currency for the sake of trade war and so on, so currency correlation is very important in my opinion.

#33 - February 18, 2020, 10:51:59 AM

Re: Learn About the Currencies You Trade

Jamil Udin

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learning about the pair or currency correlations of each country, especially developed countries is very important and helpful in conducting analysis, if we don't know it I think it will be very disadvantage because it is an important aspect in conducting analysis.

#34 - February 19, 2020, 05:31:51 AM

Re: Learn About the Currencies You Trade

Afutur

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Currency traded must be studied in terms of characteristics, pair correlations, etc.
so we know how to make a decision to sell or buy each pair.

#35 - February 20, 2020, 01:32:22 AM

Re: Learn About the Currencies You Trade

FzEmperor

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If we are more careful then currencies are indeed correlated with each other and there is even a pair correlation and if we learn and we master it will greatly help our trading.

#36 - February 20, 2020, 10:05:51 AM

Re: Learn About the Currencies You Trade

darajatun

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if we involve the character of the currency and its correlation and correlation between pairs in the analysis then I am sure it will make it easy for us to take an entry position, at least it can somewhat reduce doubts.

#37 - February 20, 2020, 05:48:58 PM

Re: Learn About the Currencies You Trade

Natsu

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about the currency that we are trading we must know the character so that we are easier to analyze and predict the direction of the price of the pair that we are trading, with a pair correlation then we can connect with other pairs.

#38 - February 20, 2020, 09:28:32 PM

Re: Learn About the Currencies You Trade

MrForex

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trying to learn from the currency correlations that we trade has nothing to lose because it will further help us in analyzing or predicting price movements because currency correlations are very closely related to market sentiment.

#39 - February 23, 2020, 08:11:22 AM

Re: Learn About the Currencies You Trade

Erphat

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if we know more about the currencies that we are trading in, it will be more profitable for us because we will know the correlation between pairs that we often use for trading.

#40 - February 24, 2020, 11:49:33 PM

Re: Learn About the Currencies You Trade

Sarijos Soros

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the currency we trade must be known before we decide to trade in a pair because the pair and currency characters are different from one another and we also need to know the correlation.

#41 - February 25, 2020, 02:55:50 PM

Re: Learn About the Currencies You Trade

Arjun Setya Raharja

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Currency can also be used to analyze even currency and pair correlation shows that market sentiment is good or not, so in my opinion knowing the character of a currency is very good to have.

#42 - February 27, 2020, 02:02:57 AM

Re: Learn About the Currencies You Trade

Corrona

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learn the character of a currency will be very helpful in trading that we do because between one currency to another will be correlated so that we can use to do analysis.

#43 - February 27, 2020, 03:12:15 PM

Re: Learn About the Currencies You Trade

Billy Atkinson

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currencies are interrelated and correlated because they are traded in pairs in pairs, besides the rate of one country's currency will be affected by other countries, especially the US dollar, so understanding currency correlations is important.

#44 - March 30, 2020, 01:04:41 AM

Re: Learn About the Currencies You Trade

Libra

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there is something hidden in the relationship between currencies so that all pairs that are in forex are not directly correlated, that's why if there is a high impact news all pairs also move significantly.

#45 - April 20, 2020, 02:19:50 AM