Which pairs are your least favorite to trade? And why?
Mitglied seit Oct 05, 2020
65 Posts
Oct 12, 2020 at 09:49
Some of the currency pairs are very difficult to trade and are the least favored by traders. EUR/CHF and EUR/TRF might be the most troublesome pairs and it is better to avoid dealing in them.
Mitglied seit Feb 22, 2011
4862 Posts
Oct 12, 2020 at 09:57
Exotic ones with high spreads
Mitglied seit Jun 09, 2020
36 Posts
Oct 13, 2020 at 05:55
Currently GBP/EUR, absolutely unpredictable at the moment.
Mitglied seit Jul 20, 2020
341 Posts
Dec 07, 2020 at 12:16
My favorite pair is EURUSD. It gives me a lot of profit and it is easy to predict.
Mitglied seit Dec 05, 2020
81 Posts
Dec 09, 2020 at 06:29
I dont prefer the Exotic Pairs.
Mitglied seit Jul 19, 2020
318 Posts
Dec 10, 2020 at 07:49
There are some critical pairs which I dislike most. I face a lot of problems top trade with them.
forex_trader_1983341
Mitglied seit Oct 21, 2020
35 Posts
Dec 12, 2020 at 18:51
I don't seem to have success with CHF/JPY.
Mitglied seit Mar 03, 2020
7 Posts
Jan 06, 2021 at 10:20
I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.
Mitglied seit Dec 05, 2020
81 Posts
Jan 07, 2021 at 07:01
jasonmark409 posted:Same with me, prefer staying away from them.
Probably some exotic pairs. I haven’t had a good experience with those even though they can be profitable at times.
Mitglied seit Oct 09, 2020
28 Posts
Jan 21, 2021 at 03:58
Mariel23134 posted:Absolutely I agree with you that EUR/USD is the easiest pair for anyone trading in forex. It is not complex and heavily liquid which is a plus. I think traders should use common pairs of trading initially.
I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.
Mitglied seit Oct 26, 2020
33 Posts
Jan 21, 2021 at 10:55
Breonnataylor posted:No doubt EUR/USD are the most easiest pairs of trading but I think after some time a trader should invest his/her time to learn about the exotic forex pairs like ZAR/USD because they hold more profit potential. When the major pairs are stagnated or not providing profits, exotic pairs can come to the rescue.Mariel23134 posted:Absolutely I agree with you that EUR/USD is the easiest pair for anyone trading in forex. It is not complex and heavily liquid which is a plus. I think traders should use common pairs of trading initially.
I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.
Mitglied seit Jun 30, 2020
47 Posts
Jan 21, 2021 at 12:56
sailingconsist posted:When the spreads get huge according to my time zone, trading gets very unprofitable. So I totally agree with you that exotic pairs can be very useful in these tricky situations. I also trade other pairs as well like the major pairs like GBP/USD and EUR/USD, depending on the time I’m trading in. That’s why I use brokers with lower swap/rollover rates and spreads at all times. Currently using Fxview and IB, which ones are you using?Breonnataylor posted:No doubt EUR/USD are the most easiest pairs of trading but I think after some time a trader should invest his/her time to learn about the exotic forex pairs like ZAR/USD because they hold more profit potential. When the major pairs are stagnated or not providing profits, exotic pairs can come to the rescue.Mariel23134 posted:Absolutely I agree with you that EUR/USD is the easiest pair for anyone trading in forex. It is not complex and heavily liquid which is a plus. I think traders should use common pairs of trading initially.
I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.
Mitglied seit Oct 26, 2020
33 Posts
Jan 22, 2021 at 11:43
Marshalsam877 posted:Absolutely. Exotic pair trading should not be undertaken by people with less experience because as the chance for the profit increases, the same is the risk for loss. It’s always better to balance out. In fact that’s why I am using an assortment of brokers ranging from Pepperstone to Fxview because this helps me in better risk management. Multiple brokers and multiple currencies is my strategy.
There are other popular pairs apart from USD/EUR for trading like AUD/CAD,USD/JPY, USD/GBP etc. which are worth exploring. Newbies shouldn’t venture outside this zone.
