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When you choose your pair.

Aug 20, 2019 at 10:11
Vistas 1,277
21 Replies
Miembro desde Jun 29, 2019   posts 65
Aug 20, 2019 at 10:11
When you have picked your pair, completed your analysis and chose a procedure, you are prepared to begin trading. To do this, open the arrangement ticket for your picked market and – to go short – select the 'sell' choice. Then again, on the off chance that you wanted to go long, you would choose 'buy'. From this window, you can likewise choose whether you wish to add any stops or points of confinement to your exchanges, which can restrain losses and lock-in benefits. In the event that you wish to close your position, you would basically make the contrary exchange to the one which you made to open it – a buy position on a short exchange, and a sell position on a long exchange.
Miembro desde Apr 18, 2017   posts 920
Aug 20, 2019 at 13:26
Well; I didn’t choose any pair randomly; till now I am make dealing with 6 trading pairs based on the result of my demo trading account!
Miembro desde Aug 09, 2017   posts 785
Oct 24, 2019 at 10:05
every trading pair can be better for your trading , if you have real knowledge and experience.
Miembro desde Apr 18, 2017   posts 920
Oct 31, 2019 at 05:18
Hello buddy, it’s more than 3 months. What’s your progress? How many pairs you are using right now?
Miembro desde Sep 22, 2019   posts 24
Dec 24, 2019 at 19:08
Each currency pair at Forex has its own peculiarities, the knowledge of which will help to make a profit, so it is important to choose the right currency pair, so that trading on it is profitable and meets the trader's temperament. The problem of choosing a currency pair is often an actual problem for a beginner trader. Many people try to trade only one currency pair, others simultaneously several, and some try cross rates. And there is no single correct advice, because each of the options may be correct, and the only way to understand this is to try trading on a demo account.
Miembro desde Dec 18, 2019   posts 38
Dec 30, 2019 at 04:39
45656 posted:
When you have picked your pair, completed your analysis and chose a procedure, you are prepared to begin trading. To do this, open the arrangement ticket for your picked market and – to go short – select the 'sell' choice. Then again, on the off chance that you wanted to go long, you would choose 'buy'. From this window, you can likewise choose whether you wish to add any stops or points of confinement to your exchanges, which can restrain losses and lock-in benefits. In the event that you wish to close your position, you would basically make the contrary exchange to the one which you made to open it – a buy position on a short exchange, and a sell position on a long exchange.

I trade high volatile pairs as I scalp to make profits, I do not trade slow pairs, as it will get me bored waiting and wasting times, and I take lose when needed , if a pair wast a lot of my time and I see opportunities on other pairs, abd from my analyst and i see the current pair I'm trading will not go further in my favour, I take my lose and trade other pairs.

I do not use stops anyway but can decide to use it, and I don't trade the news.
Trender
Miembro desde Aug 09, 2017   posts 785
Jan 14, 2020 at 16:59
so many pair in Fx trading and we choose our right pair according to our understanding , 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.
Miembro desde Dec 09, 2019   posts 60
Feb 04, 2020 at 05:50
i have to say that choosing pairs must be done to understand the volatility for scalping, trading concept, better liquidity, lowest spreads and many more...i am sure there are more.
Miembro desde Feb 08, 2019   posts 213
Feb 08, 2020 at 17:44
Why is going long 'on the off chance'?
Miembro desde Aug 20, 2019   posts 21
Feb 12, 2020 at 18:00
If I work with currency pairs, I try to find those that have the greatest movement potential - that's all...
Miembro desde Oct 02, 2019   posts 24
Feb 19, 2020 at 17:32
I like to work with gold, and since this metal correlates perfectly with the dollar, the choice is obvious.
Miembro desde Oct 23, 2014   posts 83
Feb 20, 2020 at 05:36
gbp/nzd has biggest range daily of main currencies.followed by gbp/aud.
Miembro desde Sep 20, 2019   posts 28
Feb 22, 2020 at 15:59
it seems to me that you can work with any currency pair if you have an understanding of the market, and it does not matter what time of day or what news is out - if you have knowledge you can earn anyway
Miembro desde Oct 25, 2019   posts 27
Feb 24, 2020 at 12:24
I do not have a favorite currency pair, but I do not like to trade with the Japanese yen, I have never had a difficult situation with this asset, the feeling that it lives its life outside the market.
Miembro desde Oct 07, 2019   posts 47
Mar 04, 2020 at 10:03
45656 posted:
When you have picked your pair, completed your analysis and chose a procedure, you are prepared to begin trading. To do this, open the arrangement ticket for your picked market and – to go short – select the 'sell' choice. Then again, on the off chance that you wanted to go long, you would choose 'buy'. From this window, you can likewise choose whether you wish to add any stops or points of confinement to your exchanges, which can restrain losses and lock-in benefits. In the event that you wish to close your position, you would basically make the contrary exchange to the one which you made to open it – a buy position on a short exchange, and a sell position on a long exchange.

i'm newbie and don’t understand something but i think trading in the lock-in you are lose at any case. after all you pay a commission swaps. nd i would like to have only profit.
Miembro desde Oct 07, 2019   posts 47
Mar 04, 2020 at 10:07
i don't even know what pair to choose. maybe should start with the most popular ones like eurodolloar. what do you think?
Miembro desde Aug 11, 2017   posts 886
Mar 12, 2020 at 07:50
I mostly trade with USDJPY and EURNZD-great liquidity and spreads on them. But sometimes news can lead to me opening trades on USDINR or AUDJPY-when I can be confident enough.
Miembro desde Apr 18, 2017   posts 718
Mar 13, 2020 at 11:41
Don’t focus on multiple pairs in your early stage! In my demo, I started with only EURUSD and lately added GBPUSD.
Miembro desde Jul 23, 2020   posts 869
May 11, 2021 at 00:02
I recommend new traders should not use anything other than major pairs.
Miembro desde Nov 03, 2020   posts 65
May 11, 2021 at 08:35
Indeed, you should not take such currency pairs that you are not familiar with, with which few people work.
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