Page 40 - Ultimate Guide to Currency Trading
P. 40
CHAPTER 5
Methods of Valuing an FX Pair
You will need to look at the value of each FX pair at the beginning of each
trading session, by seeking out and using information. To establish the value of a
currency pair you should always start with a fresh perspective as to the value of
this FX pair. You can use fundamental or technical analysis, or a combination of
the two to come up with a good idea of what is the proper value of an FX pair to
help you determine entry and exit point of trades.
