MoneyTec Traders Community Forum - View Single Post - Benefits to Specializing in Trading a Single Currency?

CentralVenus · 24-01-2003, 19:58

I'm new to forex trading so I may be wrong but I thought they were related. I mean they are all paired to the dollar aren't they? Have a look at the Euro and Swiss. They almost mirror each other in their movement. I don't think I have ever been long or short on both the euro and swiss, they're always opposite. I think that fact alone makes following the four a little less complicated. If you know one is doing one thing the other is doing the opposite.

Barry

24-01-2003, 19:58	#2
CentralVenus level 1 Join Date: Dec 2002 Posts: 36 Downloads: 0 Uploads: 0 Rep Power: 0	I thought they were I'm new to forex trading so I may be wrong but I thought they were related. I mean they are all paired to the dollar aren't they? Have a look at the Euro and Swiss. They almost mirror each other in their movement. I don't think I have ever been long or short on both the euro and swiss, they're always opposite. I think that fact alone makes following the four a little less complicated. If you know one is doing one thing the other is doing the opposite. Barry