Selasa, 10 November 2009

How to Reading Economic Conditions

Illustrations :

  • If the US economy stronger than Europe, then the price of the currency pairs pair EUR/USD will fall ( Sell EUR Buy USD or Sell EUR/USD )
  • If economic conditions weaken the USA than Japan, then the price of the currency pairs pair USD/JPY is going down ( Sell USD buy JPY or Sell USD/JPY )
  • When the british economy stronger than Japan, then the price of the currency pairs pair GBP/JPY will rise ( Buy GBP Sell JPY or Buy GBP/JPY )

Important note :

If the condition of the country then do orders rise in price buy respective currencies for profit
but if weekened then do sell order to profit in the currency.

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