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Forex Currency Trading Beginner

September 7th, 2010 Admin Leave a comment Go to comments

forex currency trading beginner
Is the currency pair USD/RUB or RUB/USD a good trade?

I’m a beginner at Forex and have looked at some charts. RUB has a chart that has been going straight down the past 3 years. Is that a good thing?

The Russian Central bank will do anything to keep the ruble going strong against the USD for a while especially with the elections coming up in Russia.. they will pump billions of $’s into the ruble to keep it strong against the USD.

To answer your question: Yes, short it. You will make a nice profit.

I personally am shorting it and am up 400pips :)

? Forex Trading Tutorial for Beginners: Introduction to Currency Trading – Forex Tutorial


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