they are the most profitable pairs ... ?

Aug 20, 2012 at 05:35
2,320 Views
32 Replies
Member Since Aug 19, 2012   3 posts
Aug 20, 2012 at 05:35
I think the EUR / USD pair and most profitable of all the pairs that is what you are thinking the same thing as me?
usd
Member Since Jul 03, 2012   186 posts
Aug 20, 2012 at 08:50
It is the most traded pair and therefore may offer more opportunities, but as far as profitability is concerned I can't agree with you. Sophisticated traders will find very profitable opportunities in all pairs.
Pax puts the X in Forex.
Member Since Jan 14, 2010   556 posts
Aug 20, 2012 at 13:44
TheLastBear posted:
It is the most traded pair and therefore may offer more opportunities, but as far as profitability is concerned I can't agree with you. Sophisticated traders will find very profitable opportunities in all pairs.

Well said. Profitability is ability to create a trading system with an edge. If some instrument was more profitable than others, then everyone would just trade it only.
Member Since Aug 19, 2012   3 posts
Aug 20, 2012 at 20:35
thank you for the information dear trader I hope that I can learn more from you
usd
Member Since Jan 31, 2012   168 posts
Aug 21, 2012 at 06:48
you should also count GBPUSD, in some way it correlates with EURUSD
Member Since Jan 14, 2010   556 posts
Aug 21, 2012 at 07:01
MRodrigez posted:
you should also count GBPUSD, in some way it correlates with EURUSD

Yes, trading correlated pairs is the same as trading the same pair twice, so I would avoid that as that simply increases risk (putting all eggs in one basket).

Correlations I've noticed are (from most correlated to less correlated):
EURUSD - USDCHF (negative correlation)
EURUSD - GBPUSD (positive correlation)
GBPUSD - USDCHF (negative correlation)
NZDUSD - USDCAD (negative correlation)

lkwong
forex_trader_77056
Member Since May 10, 2012   71 posts
Aug 21, 2012 at 08:24
If correlation is your concern, you should look up a correlation table (eg : https://www.forexticket.co.uk/en/tools/01-01-correlation) before making a decision on what pairs to trade.
Member Since Aug 11, 2012   6 posts
Aug 30, 2012 at 11:50
Thanks for the reference. I also thought that eur/usd is the most profitable, but I probably meant that it was the safest pair (well is it???)

lkwong posted:
If correlation is your concern, you should look up a correlation table (eg : https://www.forexticket.co.uk/en/tools/01-01-correlation) before making a decision on what pairs to trade.
Member Since Jul 03, 2012   186 posts
Aug 31, 2012 at 12:54
guru posted:
Thanks for the reference. I also thought that eur/usd is the most profitable, but I probably meant that it was the safest pair (well is it???)

lkwong posted:
If correlation is your concern, you should look up a correlation table (eg : https://www.forexticket.co.uk/en/tools/01-01-correlation) before making a decision on what pairs to trade.

It is neither. Having said that, it is the most liquid pair, the most trade pair so therefore the most active one.
Pax puts the X in Forex.
Member Since Sep 16, 2009   190 posts
Sep 19, 2012 at 12:12
I disagree. You can't say that pair is the most profitable one because it depends on your system/strategy itself.
... oshaban ... skype: oshaban27 ...
Member Since Nov 21, 2011   1718 posts
Sep 29, 2012 at 07:55
I would say that all pair are different. They all have a personnality that can change with the time. One will be profitable if you can feel the way it deeply move (the real trend behind)... You never know how they can react... it's like a wild animal but if finaly tame it... you will make money!
EURUSD is not my favorite one!
Member Since Jul 03, 2012   186 posts
Oct 02, 2012 at 06:57
I agree with you CrazyTrader and EURUSD is not my favorite pair either.
Pax puts the X in Forex.
Member Since Nov 09, 2012   76 posts
Nov 12, 2012 at 06:41
oshaban posted:
I disagree. You can't say that pair is the most profitable one because it depends on your system/strategy itself.

I agree with you. EURUSD is the most profitable for some traders , because it has high volatility... Perfect for scalping. But if you trade on the large time frame or use other strategy it's not so obvious...
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Sep 16, 2009   190 posts
Nov 12, 2012 at 07:37
RollingStones74 posted:
oshaban posted:
I disagree. You can't say that pair is the most profitable one because it depends on your system/strategy itself.

I agree with you. EURUSD is the most profitable for some traders , because it has high volatility... Perfect for scalping. But if you trade on the large time frame or use other strategy it's not so obvious...

Yes, David ... a little proof about that every pair has it's own personality :)
In this system https://www.myfxbook.com/members/oshaban/fx-ct-v3-multipairs-usdjpy/398075 I used both EURUSD and USDJPY ... EURUSD went to margin call within a week while USDJPY is still goint very well ... Draw down is little high because the minimum lot size for fxpro is 0.1.
Anyway, because I believe the strategy works in trendy and sideway markets but better in sideways, so, focusing on low daily range pairs will give me more better results.
... oshaban ... skype: oshaban27 ...
Member Since Jul 03, 2012   186 posts
Nov 13, 2012 at 12:04
The most profitable pair depends on your trading strategy.
Pax puts the X in Forex.
Member Since Nov 09, 2012   76 posts
Nov 14, 2012 at 03:06
TheLastBear posted:
The most profitable pair depends on your trading strategy.

Totally agree. Even more - you should write your strategy for the special pair, which will let you gain the best result.
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Jul 03, 2012   186 posts
Nov 15, 2012 at 15:12
RollingStones74 posted:
TheLastBear posted:
The most profitable pair depends on your trading strategy.

Totally agree. Even more - you should write your strategy for the special pair, which will let you gain the best result.

Yes, that is a good suggestion.
Pax puts the X in Forex.
Member Since Dec 01, 2011   95 posts
Nov 15, 2012 at 16:38
We Don't care: we will trade ANY pair any time... Our system is a true Neural network based on Joone Open source Code, so if a pair is being a bitch that day our system will know it! and Make some instant Adjustments and then, smack some pips out that bitch....

Hows that for Personality Disorder - Lol

Notice how many pairs we are currently trading - Over a dozen in the last few hour.

https://www.myfxbook.com/members/Fxringleader/fxringleader--professional-grade-automated/425943
Member Since May 11, 2011   235 posts
Nov 15, 2012 at 22:05
Fxringleader posted:
We Don't care: we will trade ANY pair any time... Our system is a true Neural network based on Joone Open source Code, so if a pair is being a bitch that day our system will know it! and Make some instant Adjustments and then, smack some pips out that bitch....

Hows that for Personality Disorder - Lol

Notice how many pairs we are currently trading - Over a dozen in the last few hour.

https://www.myfxbook.com/members/Fxringleader/fxringleader--professional-grade-automated/425943

On a demo? seriously!? 🙄
For every loss there should be at least an equal and opposite profit.
Member Since Nov 09, 2012   76 posts
Nov 16, 2012 at 06:28
Fxringleader posted:
We Don't care: we will trade ANY pair any time... Our system is a true Neural network based on Joone Open source Code, so if a pair is being a bitch that day our system will know it! and Make some instant Adjustments and then, smack some pips out that bitch....

Lol that`s such passion in trading)I just saw your graph, what the matter with you today?)
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
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