basic forex

  1. Mcdogg

    Question about forex pairs and candlesticks

    Hi This is probably the most basic thing but i would to know what it means when the candlestick is bearish for the FX pairs CAD/JPY. If the candlesticks are going down, does that mean the canadian dollar is weakening and the Yen is strengthening ? Does the same principle apply to every other...
  2. S

    Understand basic forex terminology.

    Learning Forex Trading Basics- The type of currency you are spending, or getting rid of, is the base currency. The currency that you are purchasing is called quote currency. In forex trading, you sell 1 type of currency to purchase another type. The exchange rate tells you how much you have...