Hi,
I am quite new to trading trying to understand forex concepts. Can you profit from multiple timeframces and currency pairs?
For example you have 1 lot standard account with a broker trading on USD/EUR and you gain a regualr 10 pip price movement per day can you trade USD/YEN at the same time and acheive similar or any profits at the same time.
Will you have to invest a seperate amount of money for another currency pair or use the initial investment?
Thanks.
I am quite new to trading trying to understand forex concepts. Can you profit from multiple timeframces and currency pairs?
For example you have 1 lot standard account with a broker trading on USD/EUR and you gain a regualr 10 pip price movement per day can you trade USD/YEN at the same time and acheive similar or any profits at the same time.
Will you have to invest a seperate amount of money for another currency pair or use the initial investment?
Thanks.