Every pair has its own specific characteristics

Dec 09, 2020 at 13:30
1,347 Angesehen
12 Replies
Mitglied seit Jul 19, 2020   298 Posts
Dec 09, 2020 at 13:30
Every pair has its own specific characteristics. You have to find out your own trading edge. Only you know what you understand the most. Learning is a long term tadious process. Everyone has to go through it if they want to make consistent money in forex trading.
Mitglied seit Feb 12, 2020   12 Posts
Dec 10, 2020 at 12:37
Each currency pair has its own specific characteristics. But unfortunately they are not all permanent. Since the market changes periodically. And the features change every time.
Mitglied seit Jul 23, 2020   759 Posts
Dec 12, 2020 at 17:46
Every pair has its own specific characteristics. Mastering one pair take times. So, trader should not try to learn several pai at once. Learning one or two is enough.
Mitglied seit May 13, 2020   128 Posts
Feb 04, 2021 at 14:33
On Forex, currency pairs are subject to a single rule - only two monetary units are always involved in trading, one is bought, the other is sold.
Mitglied seit May 13, 2020   128 Posts
Feb 18, 2021 at 11:59
In order not to go to bed and not make mistakes, before taking a currency pair for trading, you need to study its specific nature.
Mitglied seit Feb 04, 2021   35 Posts
Feb 23, 2021 at 08:44
It is very important to understand the characteristics of the currency pair you want to trade in. Higher the knowledge of the currency pair, more are the chances of consistent profits.
Mitglied seit Jul 27, 2020   102 Posts
Feb 23, 2021 at 09:39
Yes every currency pairs has its own characteristic. You are not meant to trade in all of them, you can just pick one and read that analysis and start trading with that pair
Mitglied seit Jul 19, 2020   298 Posts
Mar 20, 2021 at 11:53
Best pair is what you understand the most. Every pair has its own unique pattern whether we understand it or not. To find that we need to observe that pair for long time. I personally find GBPUSD comfortable. It doesn't mean you have to like it.
Mitglied seit Jul 19, 2020   788 Posts
Mar 20, 2021 at 15:51
Each pair has an interesting movement. The movement of each pair is different. So I must have an idea about the pair in which I will trade.
Mitglied seit Mar 17, 2021   536 Posts
Jul 03, 2021 at 10:02
AliaDare posted:
Each pair has an interesting movement. The movement of each pair is different. So I must have an idea about the pair in which I will trade.
Yes. I agree with you.
Mitglied seit Mar 28, 2021   617 Posts
Jul 07, 2021 at 03:53
@Michihito Yes I agree with you. Every pair has its own charactistics. When I start to watch chart for a single pair I started notice this.
Mitglied seit Jul 19, 2020   751 Posts
Jul 07, 2021 at 04:03
@Akasuki Yes you are right. Once someone told me to watch only one or two pair. I choose one and start observing that pair a lot. I waw surprised by the result. Now I only trade 1/2 pairs.
Mitglied seit Dec 28, 2020   187 Posts
Jul 07, 2021 at 06:15
cardigan posted:
Yes every currency pairs has its own characteristic. You are not meant to trade in all of them, you can just pick one and read that analysis and start trading with that pair
Exactly, every pair has its own characteristics and no one can master every trading instrument. You need to study about one or two trading instruments and trade with that pair only you will surely make profit.
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