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  1. #1
    Rookie Member El Macho's Avatar

    Currency Pairs: Is There A Quick Reference Guide? !!!

    Hola, mi amigos! As the title implies, is there a quick reference guide I can use that will layout the basics of currency pair trading for binary options? Does a certain pair influence another? If the US dollar gets stronger, wouldn't it mean all X/USD pairs go down? That type of stuff.

    Thanks in advance!

  2. #2
    Master Member Bogdan G's Avatar
    Quote Originally Posted by El Macho View Post
    If the US dollar gets stronger, wouldn't it mean all X/USD pairs go down?
    Not necessarily. It depends a lot on the strength of X. If dollar strengthens, there's nothing to say that X cannot strengthen as well, even more than the dollar.

  3. #3
    Master Member Bogdan G's Avatar

  4. #4
    Administrator Martin Kay's Avatar
    Quote Originally Posted by El Macho View Post
    Hola, mi amigos! As the title implies, is there a quick reference guide I can use that will layout the basics of currency pair trading for binary options? Does a certain pair influence another? If the US dollar gets stronger, wouldn't it mean all X/USD pairs go down? That type of stuff.

    Thanks in advance!
    Hi Macho man!! You should go through the first few lessons of our Binary Options preschool trading section. You'll find lots of information about Currency pairs, and how to trade them. Bogdan sent you a link to a great article. You should also look into this article -

    http://www.binaryoptionsthatsuck.com...inary-options/

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