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Which pair do you use?

Anking69
Oct 05 2013 at 21:13
9 posts
What currency pairs are your favorite when you trade Forex? I prefer EUR/USD and GBP/JPY. The first is very popular, and therefore fairly predictable, while GBP/JPY has a very high Intraday volatility, which allows you to earn many pips.
What do you say?
agus mulyana (mulyanaaugust)
Oct 06 2013 at 08:45
3 posts
GU is one of my favorite :)
Adrian Matusiak (adrian8891)
Oct 07 2013 at 12:44
696 posts
GU / EU / UJ / GJ

:)
PAMM MANAGER // Professional Fund Manager
Forex-trading-expert.com
Oct 07 2013 at 12:56
16 posts
Hi,

You don't have to focus on a one single currency pair because you won't always have trading opportunities on it. Instead, you have to always monitor several currency pairs so you can trade the pair that represents the highest probality win according to your system. Let's say for example that :

- Your system consist in trading the 4 hours chart.
- Once you have a candle pattern ( Example : Bearish engulfing candle ), The RSI should be overbought ( Above 80-90 )
- Once the conditions above are united, you need for example to have the price trading below the 100 MA on the 1 hour chart
- You will be taking your signal from the stochastics cross on the 4 hours chart.

If you are focusing on eur/usd or any other pair, you won't have a lot of opportunities. On the other hand, if you are trading several currency pairs, you can search for the one that is uniting the most elements of your system and you can trade it normally.

If you need to know more, you can follow me on fb : www.facebook.com/fxtradingexpert and twitter www.twitter.com/fxtradingexpert .

If you wish to have forex trading signals, all you have to do is to subscribe to our services : https://www.forex-trading-expert.com/premium-forex-trading-services/premium-forex-trading-signals/

Safe trade and good luck :)
TheFX4You
Oct 08 2013 at 07:47
92 posts
In my opinion best pair to trade is Eur/Jpy.
It's volatile, but also great predictable.
Stable 20% per month without manual intervention...
HIROO59
Oct 08 2013 at 08:08
166 posts
pairs that I use his AUDJPY, AUDUSD, EURJPY, EURUSD, GBPUSD, USDCHF and XAUUSD
if you want to see the results go to the link attached piece

Attachments:

VSA_DayTrader
Oct 08 2013 at 18:57
1 posts
I trade all of the following pairs and consistently make around 30 to 50 pips per day on average.

EURUSD,GBPUSD,AUDUSD,NZDUSD,USDCAD,USDCHF,USDJPY,EURJPY,GBPJPY,AUDJPY,NZDJPY,CADJPY,CHFJPY,EURAUD,EURNZD,EURCAD,GBPAUD,AUDCAD,AUDNZD,AUDCHF,GBPCHF,GBPCAD

As for favorites I don't really have any per se, though if I had to choose I would say eurjpy and audjpy are two that I like trading due to their unique characteristics and volatility.

A robust trading system will work well across all pairs, though you will have to adjust your risk accordingly.
Money can't buy you happiness... but poverty can't buy you anything!
Traumer
Oct 09 2013 at 10:38
10 posts
USDJPY, GBPUSD, USDCAD, GBPJPY. Trying not spread my attention for too many pairs, maybe with the time I'll get more skillful
Step_Up
Oct 10 2013 at 12:26
15 posts
AUDCAD, CHFCAD, USDJPY... I don't know why those. But it is what it is.
tomasnemec
Nov 12 2013 at 10:59
5 posts
AUDUSD also USDPLZ
UweMoench
Jan 16 at 15:46
751 posts
Traumer posted:
USDJPY, GBPUSD, USDCAD, GBPJPY. Trying not spread my attention for too many pairs, maybe with the time I'll get more skillful
It is important to take the time to comprehend the dynamics of a pair. Each pair has its own specific motion pattern. Without spending any time with it you won't be able to figure these patterns.
Adribaasmet
Jan 17 at 10:15
994 posts
i trade both of major and exotic pair which really supportive to increase trading performance very rapidly.
FredJones
Jan 17 at 10:45
38 posts
Since I'm a beginner, I trade with a demo account using the EURUSD currency pair because of it volatility and will also be using it during live trading.
croisssan
Jan 17 at 13:39
939 posts
To be honest, I use different pairs for work, depending on the situation in the market.
Aubrey22
Jan 18 at 08:35
41 posts
I currently trade with EURUSD and GBPUSD currency pair because of its current volatile nature.

And my broker FP Markets spreads are consistently lower especially when trading with EURUSD currency pair which is an advantage for me.
skihav
Jan 18 at 13:58
801 posts
To be honest, you can use different pairs for work. It is important that the trader knows how to work with these pairs correctly.
officialali_fx
Jan 18 at 17:31
5 posts
XAUUSD has got to be one of my favourite pairs to trade especially with a stronger dollar coming into play.

Other than that I do love the volatility of GBPJPY and EURUSD too.

Oh it just hit my TP.
Fx_challenger
Jan 19 at 03:20
62 posts
For me there is no any favorite pairs, i monitor major and major pairs + xauusd, Whichever has the best situation
miguelcaron
Jan 20 at 06:26
70 posts
I prefer to trade with major pairs like EURUSD, GBPUSD, USDCHF, etc. They are liquid enough to trade with small sizes, and volatility is present, but not too much to make you uncomfortable.
skihav
Jan 20 at 11:33
801 posts
To be honest, sometimes I use different pairs for work. This way you are more likely to get a positive result.
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