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Exactly the same principle can be taken to start trading in oil, or silver and plenty of other supplies. When trading in currencies the trader is basically buying one currency and selling one other. If you were to try this home approach you are going to be "betting" or gambling on whether or even otherwise one regarding currency travels up or down against another type, e.g. US dollar with the English pound, or Japanese Yen to the US dollar etc. When trading in gold that simply the gold price against united states dollar or against the uk pound. This is a plus


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