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INTRODUCTION

Forex Market

It is important to understand that in the forex market you are trading currency pairs as a single unit. These pairs consist of two different currencies and are priced based on the value of one currency divided by the other.

Technically you are making two trades when you trade any forex pair. You are buying one currency while simultaneously selling the other.

With the AUD/USD you are buying the AUD while selling the USD when you go long the pair.

I ASKED FOREX AND SAID
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Children's Stories 2

Carlos Heredia, 9, started juggling a year ago. First it was a game, now it is an afternoon job in a busy street of La Paz, Bolivia.

His situation is similar to that of millions of 'street kids' in Latin America. Usually they have a home in poverty stricken areas or shanty towns, but their desperate economic situation compels them to live in the streets all day, doing what they can to earn money.

We have to eat. I go to school in the morning and then I come to this corner to juggle with my oranges. I don't have time for lunch, I do that at 4 pm when there are less cars to get money from.

After that I come back here with my brother who is 11 years old. He can't juggle so he dances by my side.

We make about 20 bolivianos ($2.50) each day. At night we go home. It's far away - two hours' journey.

Many cars give us money, other drivers get mad at us, they sound their claxons or start their cars when we are still in front of them, and they don't give us any money.

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