Why Trade Currency Crosses? (Part
2)
You can see that by trading any of
the 7 most popular currencies, you are basically taking either an anti-U.S.
dollar or pro-U.S. dollar stance. This one speculation affects these pairs in
almost the same way across the board.
Conversely in the stock market,
traders have multiple companies to choose from and are not bound to one major
speculation idea.
With stocks, you can see that even
though the overall market was positive, there are still plenty of other trading
opportunities. There isn’t just one kind of speculation that affects the entire
basket of stocks. (Continue next week)
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