To use chat, please login.
Back to contacts

When you choose your pair.

45656
Aug 20 2019 at 10:11
65 posts
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.
AniLorak
Aug 20 2019 at 13:26
920 posts
Well; I didn’t choose any pair randomly; till now I am make dealing with 6 trading pairs based on the result of my demo trading account!
Roberto21
Oct 12 2019 at 17:19
364 posts
Now my favorite pair is the EURUSD . this is due to its high volume. This is what we want to see in the market. volume and liquidity and this pair has it all. it is my best pair to trade as far as Forex is concern.
Imamul
Oct 24 2019 at 10:05
698 posts
every trading pair can be better for your trading , if you have real knowledge and experience.
AniLorak
Oct 31 2019 at 05:18
920 posts
Hello buddy, it’s more than 3 months. What’s your progress? How many pairs you are using right now?
Kathri
Dec 24 2019 at 19:08
24 posts
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.
ProfitableRisks (ProfitableRisks)
Dec 30 2019 at 04:39
38 posts
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.
Imamul
Jan 14 2020 at 16:59
698 posts
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.
feelsofine
Feb 04 2020 at 05:50
57 posts
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.
Treeny
Feb 08 2020 at 17:44
211 posts
Why is going long 'on the off chance'?
Beallador
Feb 12 2020 at 18:00
18 posts
If I work with currency pairs, I try to find those that have the greatest movement potential - that's all...
Landakus
Feb 19 2020 at 17:32
24 posts
I like to work with gold, and since this metal correlates perfectly with the dollar, the choice is obvious.
rickyb
Feb 20 2020 at 05:36
83 posts
gbp/nzd has biggest range daily of main currencies.followed by gbp/aud.
Saithidor
Feb 22 2020 at 15:59
23 posts
it seems to me that you can work with any currency pair if you have an understanding of the market, and it does not matter what time of day or what news is out - if you have knowledge you can earn anyway
Thines1
Feb 24 2020 at 12:24
27 posts
I do not have a favorite currency pair, but I do not like to trade with the Japanese yen, I have never had a difficult situation with this asset, the feeling that it lives its life outside the market.
MP_89
Mar 04 2020 at 10:03
47 posts
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.
MP_89
Mar 04 2020 at 10:07
47 posts
i don't even know what pair to choose. maybe should start with the most popular ones like eurodolloar. what do you think?
Mohammadi
Mar 12 2020 at 07:50
886 posts
I mostly trade with USDJPY and EURNZD-great liquidity and spreads on them. But sometimes news can lead to me opening trades on USDINR or AUDJPY-when I can be confident enough.
AmDiab
Mar 13 2020 at 11:41
718 posts
Don’t focus on multiple pairs in your early stage! In my demo, I started with only EURUSD and lately added GBPUSD.
RobSchiz
Apr 11 2021 at 18:02
567 posts
AmDiab posted:
Don’t focus on multiple pairs in your early stage! In my demo, I started with only EURUSD and lately added GBPUSD.
I also feel reliable with EURUSD. This is the best pair for me.
Please login to comment .