🧩Topics Covered:

• Introduction to the Pair Trading System
  Understand the concept of trading in pairs (e.g., USD/JPY, XAU/USD) vs. single-asset trading in equities.
  
  

• ISO Currency Codes
  How international currencies are classified with examples like USD, EUR, XAU, BTC.
  
  

• Major, Minor, and Exotic Currency Pairs
  Learn the key distinctions, liquidity differences, and why USD dominates the global market.
  
  

• Liquidity & Spread Dynamics
  Understand how market activity and spread charges affect your trade outcomes.
  
  

• Real-World Examples
  EUR/USD as the most traded pair, USD/JPY, GBP/USD, and the economic stories behind each.
  
  

• Case Study: Why CNY is Not a Major Currency
  A critical look at convertibility, liquidity, market influence, and global acceptance.

🎯 What You Will Learn:

✔ Grasp the core concept of pair trading and why it's essential in the global markets.

✔ Understand how currency pairs are categorized (major, minor, exotic) and what drives these classifications.

✔ Explore the ISO framework for currency codes, including special cases like gold, silver, and crypto.

✔ Analyze the liquidity, trading volume, and spread costs of various asset classes.

✔ Decode why some currencies (like the Chinese Yuan) remain outside the "major" category despite economic size.

🎯 Why it Matters:

✥ Without a deep understanding of currency pairs, commodities, and trading logic, a trader is simply gambling.

✥ This session equips you with the global perspective and technical insight necessary to read the financial world like a professional, setting the foundation for applying advanced trading strategies in upcoming modules.

Day 6 | Mastering the Pair Trading System – Global Currencies, Commodities & Crypto Decoded