can you be a bit more specific - what I don't understand is what happens eg if say I have an account in UK in EUR and I buy CHF/USD -what transactions have actually occured / what has happened to the EUR on my account in order to buy the CHF/USD ?
BTW -thanks for the info re pip value !!-...
I'm playing with demo standard and micro accounts
and am unclear on the following -could someone enlighten me :) ?
Does it make any difference which currency your account
is in when you trade eg you may have account in USD
but trade EUR/CHF - are there any conversions/costs how does this...
thanks -I saw the trend on the EUR/AUD chart.
Basically, I have AUD in the bank and need to repay
a loan in EUR and am waiting for the right time to
sell the AUD (I can wait even a couple of months,
but would like to avoid missing the train - the AUD
has been very low till now) - can you...
I'm just starting off - have done a bit of reading,
watching webinairs and heading towards a practice
account i.e. my skills at reading the charts/trends are very basic,
so I would appreciate a hand with an immediate
"problem" I'm trying to handle (I guess I would learn a lot from this also)...
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