Support level is a term that defines the price level of the asset that the asset doesn’t fall lower than. When this level is reached by the asset traders need to BUY it.
10 working tips for trading gold
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USD is usually traded against a single currency. But in case you wish to trade it against several of the currencies you may as well say that you trade it against a ‘basket’ of currencies. For a greenback there are six major currencies Euro, Japanese yen, Pound sterling, Canadian dollar, Swedish krona, Swiss franc.
A deal blotter is trader’s record of all of the executed trades in any and on a given day. It usually includes basic and additional information on all of the trades. For forex traders a deal blotter has to contain opening and closing price initiated by a trader.
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