Need help from people who trade currencies on the market?
March 31st, 2008 stanleyWhat does it mean when you purchase XAU/USD? does that mean you are betting against the dollar or against gold? In basic terms what does XAU/USD mean?
What does it mean when you purchase XAU/USD? does that mean you are betting against the dollar or against gold? In basic terms what does XAU/USD mean?
Starting with the 1990's series of five through hundred dollar Federal Reserve Notes, the legend "Washington, D.C.", which has been on just about every issue previously, was removed. Why?
if forex brokers charge no commissions, then how do they make money. how do they charge the traders money based on pip spreads or bid/ask price?
so if forex brokers only make profit on the spread, then that means that the trader isn't paying the broker anything? and the more a trader trades, the more the broker makes? that true?
I was grown up in Japan and spent most of the time there.
Thus I know whether things are cheap or expensive ONLY WHEN the price is stated in Japanese yen.
I always have to do a currency conversion to understand the price stated in dollar or euro or whatever.
I prefer to have the money sense in several major currencies, but is there anythere I can do to develop this?
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