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what pairs do you dislike most ?
Sep 17, 2017 at 11:24
Membro Desde Aug 11, 2017
870 posts
For me, the pairs with highest spreads are my least favorite cause it’s hard for me to cross over the spreads point to make a profit and I have to wait for a long time if they do go over that. I like the popular ones due to comfortable spreads and high volume on trades. I don’t like any two European pairs with each other as they are not having much movement due to the fact that they re kind of similar in nature and therefore less movement.
Membro Desde Dec 11, 2015
1462 posts
Sep 17, 2017 at 12:21
Membro Desde Dec 11, 2015
1462 posts
I dislike EUR/USD - it's terribly volatile and prone to long-term ranges at the same time.

forex_trader_455524
Membro Desde Aug 29, 2017
6 posts
Sep 19, 2017 at 11:34
Membro Desde Feb 12, 2016
507 posts
Why some FX pairs should be disliked? :)
I would say better to monitor few pairs and to select for trend trading and for choppy trading. For example pairs like GBP/NZD, USD/TRY and etc. are trending - then apply systems for trading in trend.
Other like EUR/CHF tend to range more often and then range trading strategies would be applicable with higher rate of success :)
I would say better to monitor few pairs and to select for trend trading and for choppy trading. For example pairs like GBP/NZD, USD/TRY and etc. are trending - then apply systems for trading in trend.
Other like EUR/CHF tend to range more often and then range trading strategies would be applicable with higher rate of success :)
Membro Desde May 12, 2017
12 posts
Membro Desde Feb 22, 2011
4573 posts
Sep 21, 2017 at 06:47
Membro Desde Feb 22, 2011
4573 posts
Hate is an emotion.
There is no space for emotion in forex trading.
Even the volatile pairs can bring you profit.
Even the exotic high spread pairs can bring you profit.
It all depends on your approach.
There is no space for emotion in forex trading.
Even the volatile pairs can bring you profit.
Even the exotic high spread pairs can bring you profit.
It all depends on your approach.
Membro Desde Dec 11, 2015
1462 posts
Sep 22, 2017 at 15:37
Membro Desde Dec 11, 2015
1462 posts
bobkevin posted:mlawson71 posted:
I dislike EUR/USD - it's terribly volatile and prone to long-term ranges at the same time.
The dollar index is going down though. the EUR/USD is a great pair to buy and hold position for a while.
I dislike the pair in general because of its extensive periods of consolidation. Sometimes even that pair is good for trading, that much is certain.
Sep 24, 2017 at 06:43
Membro Desde Aug 11, 2017
870 posts
The traders who are particularly beginners have to choose the pair which has comfortable trading spreads and not volatile as like EUR/USD. This can be great for them to lead a comfortable trading life with certainly , because the market is too much volatile and any volatile trading pair can be dangerous for the newcomers due to lack of exact market principle.
Membro Desde Dec 11, 2015
1462 posts
Sep 24, 2017 at 12:47
Membro Desde Dec 11, 2015
1462 posts
Mohammadi posted:
The traders who are particularly beginners have to choose the pair which has comfortable trading spreads and not volatile as like EUR/USD. This can be great for them to lead a comfortable trading life with certainly , because the market is too much volatile and any volatile trading pair can be dangerous for the newcomers due to lack of exact market principle.
Which pair would you recommend that fits those conditions?
Membro Desde Feb 22, 2011
4573 posts
Sep 25, 2017 at 07:18
Membro Desde Feb 22, 2011
4573 posts
Mohammadi posted:
The traders who are particularly beginners have to choose the pair which has comfortable trading spreads and not volatile as like EUR/USD. This can be great for them to lead a comfortable trading life with certainly , because the market is too much volatile and any volatile trading pair can be dangerous for the newcomers due to lack of exact market principle.
@Mohammadi
while EURUSD offers very good spreads it is also a lot volatile especially due to various US/EUR news, political statements or voting polls
Membro Desde Dec 11, 2015
1462 posts
Sep 27, 2017 at 15:31
Membro Desde Dec 11, 2015
1462 posts
The best thing EUR/USD is good for is scalping, exactly because of the volatility and the small spreads. Otherwise it can be a difficult pair to trade. Unfortunately, most newbies first start with EUR/USD, it seems.
Membro Desde Oct 07, 2017
5 posts
Oct 09, 2017 at 06:31
Membro Desde Oct 07, 2017
5 posts
Mohammadi posted:
For me, the pairs with highest spreads are my least favorite cause it’s hard for me to cross over the spreads point to make a profit and I have to wait for a long time if they do go over that. I like the popular ones due to comfortable spreads and high volume on trades. I don’t like any two European pairs with each other as they are not having much movement due to the fact that they re kind of similar in nature and therefore less movement.
EUR/USD
Taking high risk is the key to wealth.
Membro Desde Aug 31, 2017
10 posts
Membro Desde Dec 11, 2015
1462 posts
Oct 10, 2017 at 12:11
Membro Desde Dec 11, 2015
1462 posts
BattleReady posted:
GBPJPY , big spread and weird movement. Always seems to reverse when I enter a trade!
What's weird about the way it moves? It's just been forming a correction for the past year?
Membro Desde Jul 20, 2020
278 posts
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