CURRENCY PAIR COMBINATIONS THAT CAN TRADE IN ANY DIRECTION
The problem of trading with or without stop loss can be avoided by combining complementary Forex pairs of the same currency.
Demo the following 1) AUD/CAD - long and AUD/NZD - short 2) EUR/GBP - Long and EUR/JPY - Short. See my live account charts below and note the red equator lines and green market price lines. (From top to bottom: AUD/NZD, AUDC/AD, EUR/JPY, EUR/GBP)
The problem of trading with or without stop loss can be avoided by combining complementary Forex pairs of the same currency.
Demo the following 1) AUD/CAD - long and AUD/NZD - short 2) EUR/GBP - Long and EUR/JPY - Short. See my live account charts below and note the red equator lines and green market price lines. (From top to bottom: AUD/NZD, AUDC/AD, EUR/JPY, EUR/GBP)
Mecrandie