I got a very basic question.
Assume my account currency is CAD and I want to place a buy position of EUR/USD. This simply means that I am buying the base currency and simultaneously selling the quote currency.
As far as I know, I'm buying EUR with my home currency CAD. However, does that mean...
I received this alert today:
[NZDUSD Daily Chart] Breakout candle broke & closed above the previous weekly high
The image below is NZDUSD weekly:
Referring to the screenshot, #2 is the breakout that succeeded the previous rejection candle highlighted in yellow. However, I think the...