Thursday, February 02, 2006

Opportunities In Both Rising & Falling Markets

Trading currency allows traders to earn profits during rising and falling markets. One can just as easily 'short' (sell) a particular currency as go 'long' because currencies trade in 'pairs.' Thus, when you buy a particular currency, you are actually simultaneously selling the other currency in that particular pair. As the market moves, one of the currencies will increase in value versus the other. Of course, it is up to you to choose the correct one to be long or short.*

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