Choosing a pair

Feb 25, 2021 at 12:33
2,250 Angesehen
45 Replies
Mitglied seit Apr 03, 2021   470 Posts
Sep 01, 2021 at 23:39
Just trade in pair that really you understand with the character pair movement, although many traders suggest for EURUSD but if trader cant understands character pair, hence will often be swayed by fluctuation movement prices in the market and maybe often facing floating and dragged account decreasing equity. There are so many pairs in forex, usually, the USD pair has a low spread instead of cross pair and exotic pairs. in my FXOpen trading account, I like to trade on XAUUSD, included low spread and challenging trading pair.
Mitglied seit Aug 10, 2021   178 Posts
Sep 02, 2021 at 00:45
One of my favorite currency pairs in the market is the gbpusd, the pair is arguably the most volatile in the forex market, it offers a substantial number of trading opportunities each day, followed by the eurusd and the gbpnzd.
Apart from volatility, these are the currency pairs that work best with my trading system.
Mitglied seit Mar 15, 2019   82 Posts
Sep 02, 2021 at 05:32
Williamfreed posted:
One of my favorite currency pairs in the market is the gbpusd, the pair is arguably the most volatile in the forex market, it offers a substantial number of trading opportunities each day, followed by the eurusd and the gbpnzd.
Apart from volatility, these are the currency pairs that work best with my trading system.

Not sure if I agree GBPUSD is the most volatile... GJ, EA, EN, GC, GN higher to name a few.

Great pair to trade though being a major.
All or nothing
Mitglied seit Jun 17, 2020   3 Posts
Sep 02, 2021 at 07:25
@cranberrythekid No doubt GBP/JPY is called The Widowmaker but a good forex hedging strategy might be helpful. It may help to mitigate your losses to a certain extent.
Mitglied seit Jun 26, 2020   327 Posts
Sep 02, 2021 at 07:33
we the 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.
Mitglied seit Aug 28, 2020   37 Posts
Sep 02, 2021 at 10:41
I mostly trade with major currency pairs like EURUSD since they are widely used and are also stable when compared to other currency pairs.
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