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Traders can use these progressively higher swing-highs, and higher swing-lows to define an up-trend. Most scenarios involve a two-step process: 1) Identifying a scenario: Like a stock price getting into a bull/bear phase, channel rangeRead more
In essence, the aggregate amount of importers' orders creates demand for foreign currency; and exporters' orders form the market offer. Trading currency is essentially carried out by trading in pairs as the trader is buyingRead more