I hope that everyone is profiting in the forex market right now with their Forex Trading System. I wanted to show some more of my live trades, I was expecting these types of moves due to the extended corrective patterns we have been in.
The Mission Phoenix Forex Course Goes Live Very Soon. Head on over and check it out. Learn Forex, How to trade, and the secret forex strategies that make this kind of proven profits.
Recently I’ve had a few questions about the various nicknames that certain currency pairs have. This can be very confusing, because some commentators, wallets and news feeds will refer to currency pairs in their nicknames, which makes it difficult to follow along and or even participate in the conversation.
There are really nicknames for two different categories. One naming convention refers to actual currency pairs, while the other naming conventions refer to the individual currency itself.
Individual currency nicknames are as follows:
USD = Greenback or Buck
EUR = Euro
GBP = Pound Cable
JPY = Yen
CHF = Swissy of Franc
CAD = Loonie
AUD = Aussie
NZD = kiwi
The most popular currency pair nicknames along with their symbols are shown below:
USD/JPY = Dollar Yen
GBP/USD =
EUR/USD = Fiber
USD/JPY = Gopher
EUR/GBP = Chunnel
GBP/CHF = Geppy
It makes it easier when following CNBC other news broadcasts to understand what the terminology is in the special language that is used in this Forex trading niche. It’s also helpful, because financial commentary usually is at such a rapid and fast-paced that when you hear an awkward name such as the key we wore the sterling or the fiber that you don’t get hung up asking the question, “what is that”, and then this the following news announcement.
These are the major names of the Forex currency pairs and of the actual currencies, I hope this helps and defines some use for this information. Learning everything in the Forex market takes some time. There are some great courses out there that help with this, it’s also easier to learn from and mimic successful traders, and there are very few courses out there that I would recommend to friends and family. And since friends and family have been wanting me to teach them how to trade for a couple of years now. I decided to fill that need and provide the best quality course available online.
Make it Easy Forex, Learn Forex Trading with the best for Forex Day Trading System.
-Mission
Live abundantly, and then share that abundance
