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Not a good idea to follow many pairs

Jan 29 at 23:19
29 Posts
I have 5 pairs but trade no more than 3 at a time

Jan 29 at 23:55
632 Posts
I use 4 pairs for trading. I am very satisfied with trading in these 4 pairs.

Feb 01 at 12:22
67 Posts
forextrader777 posted:
I also think that trading too many pairs can be a bit complicated. Personally I prefer EUR/USD and USD/JPY.

Yes I agree to you, for the beginners 2-3 major pairs would be fine.

Feb 01 at 12:44
54 Posts
It is wrong to trade a large number of currency pairs because there is no way to focus and control everything.

Feb 02 at 07:16
9 Posts
I also do focus just on 1 Pair. I think it's crazy how some people find the time to look at so many Pairs...

lovefortrading (perryjohn765)
Feb 02 at 07:52
238 Posts
we cannot say it is for all the cases. one can have the capability to trade on multiple pairs depending on the knowledge and keenness to work

Feb 04 at 10:33
38 Posts
LyudmilLukanov posted:
Forex market offers too many pairs to trade. But it is not necessary to trade all of them, traders only need good understanding of one or two pairs to make consistent money.

Well, that’s also a different way of looking at it. I generally keep experimenting with the pairs and I don’t just stick to one or two. There are so many good pairs you can work with and make amazing returns from as well.

Feb 04 at 13:05
34 Posts
Yes!! I only trade EUR/USD and USD/JPY. The returns on these are good at times and I find them to be quite profitable. There is a lot of work that goes into the technical analysis but overall these are my go-to pairs.

Feb 04 at 13:28
24 Posts
I mostly go with some major pairs. USD/JPY, USD/CHF, AUD/USD and NZD/USD are some of the primary currency pairs I like to trade. For platforms, I prefer MT4 and MT5 that I’m using with XM, Fxview.

Feb 05 at 06:55
59 Posts
I keep getting confused between major and minor pairs. I know the basic difference but when I’m trading, at times I can’t figure it out.

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