gbp /japan
After a trendline has been established, the technician trades with the trend, buying the foreign currency if an uptrend is signaled and selling the foreign currency if a downtrend seems likely. When a market participant buys a foreign currency in the hope that it will go up in price, that participant is said to be long in the currency. The opposite strategy, called shorting or selling short, enables the participant to make money if the foreign currency falls in price. A short seller borrows foreign currency today and sells it, hoping the price will fall so that it can be bought back more cheaply in the future,,,,,,....