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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...