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Rookie35

Members
  • Content Count

    2
  • Joined

  • Last visited

Personal Information

  • First Name
    Andrew
  • Last Name
    B
  • Country
    Australia
  • Gender
    Male
  • Interests
    anything that makes you feel alive!

Trading Information

  • Vendor
    No
  • Favorite Markets
    FX
  • Trading Years
    5-6 yrs involved(2 active)
  • Trading Platform
    mt4
  1. Hi All, I am new to TL, hope you all had a Crackin Chrissy! Thinking of starting to trade fx. I have produced some great results trading securities on paper/demo and would like to transfer my skills, mainly mechanical methods of trading to the fx market. There is one thing i just can`t grasp with Fx and i hope an understanding TL member could possibly clear this up. Please excuse me if this is a stupid question! With Fx i dont understand how you can go long on a currency pair if you don`t have the counter currency to buy the base currency? e.g how can i go long on a AUD/CAD if my Fx accounts base currency is AUD. To me it makes sense that i could only short this pair!? Am i right to think this?? I really can`t grasp the whole concept, any help would greatly appreciated!
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