Every pair has its own specific characteristics
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.
Miembro desde Jul 23, 2020
posts 759
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.
Miembro desde Oct 23, 2020
posts 21
Dec 21, 2020 at 10:16
Yes, every pair is different and has some quality that might not be in other pairs. There are some specific characteristics associated with certain pairs.
Miembro desde Nov 17, 2020
posts 19
Jan 05, 2021 at 09:10
That’s true. Every pair is different and has a different value and characteristics. They keep changing with the market due to high volatility.
Miembro desde Feb 04, 2021
posts 35
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.
Feb 23, 2021 at 09:10
All couples have their own individual characteristics. And the trader needs to find them and use them in his trading strategy. But it is important to understand that the features of currency pairs change periodically, like the market itself. This is a feature of trade. You should always be in the loop and see these processes.
Miembro desde Mar 03, 2020
posts 6
Feb 23, 2021 at 09:44
All pairs have their own characteristics. I chose myself NZD\USD. This is a currency pair with which I get good trading results.
Miembro desde Jul 23, 2020
posts 869
Feb 23, 2021 at 17:46
Fridrike43fr posted:I prefer EURUSD. I have good understanding regarding his pair.
All pairs have their own characteristics. I chose myself NZD\USD. This is a currency pair with which I get good trading results.
Mar 06, 2021 at 10:10
It is never possible to make a profit by trading emotions. However, if money management and risk rewards are not used properly, there can be many problems. And it is very difficult to make a consistent profit without a deposit. Discipline must be maintained in every case.
Miembro desde Jun 19, 2020
posts 3
Mar 19, 2021 at 13:22
Tremblay posted:How much amount should I deposit to start forex trading?
It is never possible to make a profit by trading emotions. However, if money management and risk rewards are not used properly, there can be many problems. And it is very difficult to make a consistent profit without a deposit. Discipline must be maintained in every case.
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.
Mar 21, 2021 at 10:16
cameronstanley posted:Just because you can start with as little as $50 doesn’t mean you shouldn’t go with a higher amount right? Where’s the fun in playing safe?Kristofferorilla posted:That varies from broker to broker. There are few who would allow you to open an account with a $50 deposit while others won’t charge a bit. I’d suggest not to go for the 2nd option at all if you find any.Tremblay posted:How much amount should I deposit to start forex trading?
It is never possible to make a profit by trading emotions. However, if money management and risk rewards are not used properly, there can be many problems. And it is very difficult to make a consistent profit without a deposit. Discipline must be maintained in every case.
Miembro desde Mar 17, 2021
posts 536
Jul 03, 2021 at 10:02
AliaDare posted:Yes. I agree with you.
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.
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.
