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Choosing a pair
Členem od Apr 03, 2021
437 příspěvků
Sep 01, 2021 at 23:39
Just trade in pair that really you understand with the character pair movement, although many traders suggest for EURUSD but if trader cant understands character pair, hence will often be swayed by fluctuation movement prices in the market and maybe often facing floating and dragged account decreasing equity. There are so many pairs in forex, usually, the USD pair has a low spread instead of cross pair and exotic pairs. in my FXOpen trading account, I like to trade on XAUUSD, included low spread and challenging trading pair.
Členem od Aug 10, 2021
172 příspěvků
Sep 02, 2021 at 00:45
One of my favorite currency pairs in the market is the gbpusd, the pair is arguably the most volatile in the forex market, it offers a substantial number of trading opportunities each day, followed by the eurusd and the gbpnzd.
Apart from volatility, these are the currency pairs that work best with my trading system.
Apart from volatility, these are the currency pairs that work best with my trading system.
Členem od Mar 15, 2019
76 příspěvků
Sep 02, 2021 at 05:32
Williamfreed posted:
One of my favorite currency pairs in the market is the gbpusd, the pair is arguably the most volatile in the forex market, it offers a substantial number of trading opportunities each day, followed by the eurusd and the gbpnzd.
Apart from volatility, these are the currency pairs that work best with my trading system.
Not sure if I agree GBPUSD is the most volatile... GJ, EA, EN, GC, GN higher to name a few.
Great pair to trade though being a major.
All or nothing
Členem od Jun 17, 2020
3 příspěvků
Sep 02, 2021 at 07:25
@cranberrythekid No doubt GBP/JPY is called The Widowmaker but a good forex hedging strategy might be helpful. It may help to mitigate your losses to a certain extent.
Členem od Jun 26, 2020
323 příspěvků
Sep 02, 2021 at 07:33
we the traders should choose the pair which is more appropriate to the concept of trading that will be used , if you love doing scalping should choose the pair which has most lowest trading spreads.
Členem od Aug 28, 2020
29 příspěvků
Sep 02, 2021 at 10:41
I mostly trade with major currency pairs like EURUSD since they are widely used and are also stable when compared to other currency pairs.
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