Hello,
My understanding of forex trading is that a trader will open a Long entry and Short exit for a currency pair where 'Majors' currencies like EUR, GBP, etc. are Base currenciesIs while he opens a Short entry and Long exit for such currency pairs as USD/JPY, USD/CHF, etc. Is it possible to open Long entry and Short exit for such currency pairs as USD/JPY, USD/CHF, etc.? Is it possible to open Short entry and Long exit for EUR/USD, GBP/USD?
Thank you.
My understanding of forex trading is that a trader will open a Long entry and Short exit for a currency pair where 'Majors' currencies like EUR, GBP, etc. are Base currenciesIs while he opens a Short entry and Long exit for such currency pairs as USD/JPY, USD/CHF, etc. Is it possible to open Long entry and Short exit for such currency pairs as USD/JPY, USD/CHF, etc.? Is it possible to open Short entry and Long exit for EUR/USD, GBP/USD?
Thank you.