Forum Posts

rumia8540
Apr 11, 2022
In Welcome to the Forum
In some currencies like the Swiss Franc... the Forex Market has it USD/CHF - ie. US Dollar over the Swiss Franc but the US Futures markets have it setup as CHF/USD - so the charts are inverse. The Canadian Dollar and Japanese Yen are also like that - where the Email Database charts on the Futures are "flipped upside down" in comparison to the FOREX Charts. However, the Australian Dollar, Euro and British Pound Email Database in the Forex market have charts which look nearly identical to their counterpart in the Email Database Futures market. Just keep this in mind as you may see at times that we may "Go Short" the Swiss FOREX and then post the futures equivalent trade which would be a LONG in the Swiss Futures. However, if it was the Email Database Euro - you could go long (or short) in either for the same trade - the FOREX pair and the Currency Futures contract trade in the same direction for the Euro, Aussie and BP. It's not as complicated as it may sound so email us if you Email Database have any questions. By the way, most traders don't trade both markets in the same currency at the same time... some traders trade currency futures and some trade in the FOREX market. Australian Dollar: Looks Stable and Strong... May see some pullback in the recent uptrend but no major Email Database deterioration unless the US British Pound: Looks Bearish - if the Lows of October 2009 break - the confirmation is in.
0
0
1
 
rumia8540
More actions