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When you choose your pair.
Aug 20, 2019 at 10:11
When you have picked your pair, completed your analysis and chose a procedure, you are prepared to begin trading. To do this, open the arrangement ticket for your picked market and – to go short – select the 'sell' choice. Then again, on the off chance that you wanted to go long, you would choose 'buy'. From this window, you can likewise choose whether you wish to add any stops or points of confinement to your exchanges, which can restrain losses and lock-in benefits. In the event that you wish to close your position, you would basically make the contrary exchange to the one which you made to open it – a buy position on a short exchange, and a sell position on a long exchange.
Dec 24, 2019 at 19:08
Each currency pair at Forex has its own peculiarities, the knowledge of which will help to make a profit, so it is important to choose the right currency pair, so that trading on it is profitable and meets the trader's temperament. The problem of choosing a currency pair is often an actual problem for a beginner trader. Many people try to trade only one currency pair, others simultaneously several, and some try cross rates. And there is no single correct advice, because each of the options may be correct, and the only way to understand this is to try trading on a demo account.
Member Since Dec 18, 2019
33 posts
Dec 30, 2019 at 04:39
45656 posted:
When you have picked your pair, completed your analysis and chose a procedure, you are prepared to begin trading. To do this, open the arrangement ticket for your picked market and – to go short – select the 'sell' choice. Then again, on the off chance that you wanted to go long, you would choose 'buy'. From this window, you can likewise choose whether you wish to add any stops or points of confinement to your exchanges, which can restrain losses and lock-in benefits. In the event that you wish to close your position, you would basically make the contrary exchange to the one which you made to open it – a buy position on a short exchange, and a sell position on a long exchange.
I trade high volatile pairs as I scalp to make profits, I do not trade slow pairs, as it will get me bored waiting and wasting times, and I take lose when needed , if a pair wast a lot of my time and I see opportunities on other pairs, abd from my analyst and i see the current pair I'm trading will not go further in my favour, I take my lose and trade other pairs.
I do not use stops anyway but can decide to use it, and I don't trade the news.
Trender
Jan 14, 2020 at 16:59
so many pair in Fx trading and we choose our right pair according to our understanding , 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.
Member Since Dec 09, 2019
34 posts
Feb 04, 2020 at 05:50
i have to say that choosing pairs must be done to understand the volatility for scalping, trading concept, better liquidity, lowest spreads and many more...i am sure there are more.
Mar 04, 2020 at 10:03
45656 posted:
When you have picked your pair, completed your analysis and chose a procedure, you are prepared to begin trading. To do this, open the arrangement ticket for your picked market and – to go short – select the 'sell' choice. Then again, on the off chance that you wanted to go long, you would choose 'buy'. From this window, you can likewise choose whether you wish to add any stops or points of confinement to your exchanges, which can restrain losses and lock-in benefits. In the event that you wish to close your position, you would basically make the contrary exchange to the one which you made to open it – a buy position on a short exchange, and a sell position on a long exchange.
i'm newbie and don’t understand something but i think trading in the lock-in you are lose at any case. after all you pay a commission swaps. nd i would like to have only profit.
Member Since Jul 23, 2020
816 posts
May 11, 2021 at 00:02
I recommend new traders should not use anything other than major pairs.
Member Since Nov 03, 2020
63 posts
May 11, 2021 at 08:35
Indeed, you should not take such currency pairs that you are not familiar with, with which few people work.
