So i've done some research, and found out that holding a long position with this pair pays quite some interest. I trade with Oanda, and the interest is paid bz second.
So i was wandering fist of all, how manz people trade this pair? i know it's not as common as the Eur/Usd, or the cable, or Aussie but still. Secondly i would like to understand if this pair has just reached a double top. By looking at the daily chart it seems it tasted the 234,82 twice and couldt pass trough. Does this mean that is more likely that this pair will loose ground in the next week or no?
Because if it looses it's pointless to go long and earn interest. it would be a loss trade.
Thx for any response
So i was wandering fist of all, how manz people trade this pair? i know it's not as common as the Eur/Usd, or the cable, or Aussie but still. Secondly i would like to understand if this pair has just reached a double top. By looking at the daily chart it seems it tasted the 234,82 twice and couldt pass trough. Does this mean that is more likely that this pair will loose ground in the next week or no?
Because if it looses it's pointless to go long and earn interest. it would be a loss trade.
Thx for any response
I might not know, I might not have the money, but remember, I have TIME!