Which pairs are your least favorite to trade? And why?

Sep 27, 2020 at 03:51
Vues 3,805
80 Replies
Membre depuis Jun 30, 2020   posts 47
Jan 22, 2021 at 13:20
sailingconsist posted:
Marshalsam877 posted:
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.
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.
Actually I am fairly new in exotic pair trading and mostly practicing them in demo. With major pairs I am sure of strategy but want to increase my profits. Do share the strategies you use for exotic pair trading! Thanks!
Membre depuis Mar 17, 2021   posts 536
Jul 29, 2021 at 12:50
sailingconsist posted:
Breonnataylor posted:
Mariel23134 posted:
I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.
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.
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.
EURUSD is also my favorite.
Membre depuis Sep 22, 2018   posts 70
Aug 02, 2021 at 12:04
AUDNZD is the worse pair for me, im not a fan of trading anything really outside USD pairs, study them for years
Membre depuis Jul 23, 2020   posts 869
Aug 04, 2021 at 10:00
Major pairs are popular trading pairs and new traders should start with those pairs first.
Membre depuis Jul 23, 2020   posts 759
Sep 05, 2021 at 13:40
All pairs are good in my opinion. I prefer the least exotic pairs.
Membre depuis Mar 28, 2021   posts 617
Sep 06, 2021 at 05:55
Any exotic pair is least favourite to trade. They hardly have any pattern and move a lot. They are very risky pairs to trade.
Membre depuis Jun 12, 2021   posts 132
Sep 06, 2021 at 07:42
as a scalper my favorite pair which has most lowest trading
spreads that is very supportive to bring profit with certainly by scalping that bring profit very rapidly .
Membre depuis Sep 22, 2018   posts 70
Sep 06, 2021 at 20:05
cardigan posted:
Just like I mentioned in the title. Looking forward to hear some opinions.

My favourite is EURUSD
Membre depuis Jul 22, 2020   posts 23
Dec 02, 2021 at 14:57
Actually, least preferable pairs are those which don't include major currencies, such as gbp, eur, usd and jpy. I don't know why, but I started to notice that I never use pairs like chf/rub or somehing like that. Maybe, it's my mistake but I trust only those currencies which are admitted as the world biggest currencies.
Membre depuis Nov 23, 2021   posts 34
Dec 10, 2021 at 06:38
Generally, I prefer to trade with major pairs because they are easy to trade and more liquid and less volatile. For instance, EUR/USD and USD/JPY. There is also a lot of information available on them, so traders can perform their analysis easily. I avoid exotic pairs because they are extremely volatile. For example, USD/MXN and USD/ZAR. Traders should also avoid using high leverage with these because this could lead to huge losses.
Membre depuis Apr 09, 2019   posts 538
Dec 10, 2021 at 10:21
Pairs tied to CHF and JPY for me. Especially with each other!
If you can't spot the liquidity then you are the liquidity.
Membre depuis Aug 19, 2021   posts 9
Dec 10, 2021 at 15:54
I do not trade anything exotic. I would love to because of the big price swings but I am to scared because of the big price swings!!
Membre depuis Jul 19, 2020   posts 751
Jan 31, 2022 at 15:59
The least favorite exotic pair to trade is the one with no pattern. They are very unpredictable and have no pattern. These pairs are extremely risky to trade.
Membre depuis Jan 29, 2022   posts 7
Feb 01, 2022 at 15:55
I know lately, the GBP/JPY pair is the least reliable. There is a lot of risk here.
The means fits the end.
Membre depuis Nov 19, 2020   posts 12
Feb 05, 2022 at 12:31
Perhaps, USD/CAD is the worst currency pair for me. I also don’t like EUR/USD and I would put GBP/USD on the third place. Other majors are not problematic for me. Besides this, I don’t have problems with cross pairs.
Membre depuis Jan 18, 2022   posts 48
Feb 07, 2022 at 09:51
My least favourite pair to trade EUR/TRF. It is very unpredictable, enables increased spreads and is not liquid at all in comparison to other currency pairs.
Membre depuis Dec 14, 2021   posts 28
Feb 18, 2022 at 05:30
Jordan5ith posted:
I avoid trading with exotic pairs since they are difficult to trade and also the most troublesome pairs because they are not very liquid.
I agree, Even I don’t prefer exotic currency pairs. I prefer trading EUR/USD and GBP/JPY major currency pairs.
Membre depuis Jan 24, 2022   posts 15
Feb 18, 2022 at 08:11 (édité Feb 18, 2022 at 08:12)
Absolutely! Major pairs are the best to trade safe. EURUSD is my every time preference.
Membre depuis Jan 13, 2022   posts 18
Feb 18, 2022 at 09:17
EURUSD trading pair is what i prefer and don't like USDCAD.
Membre depuis Sep 23, 2020   posts 42
Feb 18, 2022 at 12:19
My most favorite will definitely be EURUSD, i am currently trading on them with fxview and earned decent gains on it but my least favorite have to be USDJPY & AUDCAD as i’ve been seeing a lot of fluctuations these days.
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