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If they want to enter a short order - forex robotron download whereby they will profit if the exchange rate falls - they simply need to SELL. The opposite holds true for traders who enter buy orders: they can simply BUY,

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Information about current correlation coefficients can be found here: Currency Correlations Table. On the page click on FxCorrelations (table version). The example of strong positive correlation between two currency pairs is: GBP/USD and EUR/USD. They have a correlation coefficient of over 0.90, which means that.

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On the when to place a buy in forex weekly chart the trend is still bullish forming a kind of a bullish continuation candles cluster. 3)EURaud; This pair gave us a decent entry last week but price close below 1.44000 a decent psychological point so let see how markets unfolds this week.

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