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How to select the Best Currency Pair for Investment?
會員從Dec 06, 2016開始
33帖子
May 10, 2017 at 10:21
Hi @TanEric
@mlawson71 is definitely correct. there's a lot to consider. however, to answer your question, the most common traded pairs are EUR/USD, GBP/USD and USD/JPY. But I will provide a link that contains brief articles to increase your knowledge about different currency pairs.
https://www.itrader.com/en/page/eur-usd (EUR/USD pair)
https://www.itrader.com/en/page/gbp-eur (Cross Currency trading)
@mlawson71 is definitely correct. there's a lot to consider. however, to answer your question, the most common traded pairs are EUR/USD, GBP/USD and USD/JPY. But I will provide a link that contains brief articles to increase your knowledge about different currency pairs.
https://www.itrader.com/en/page/eur-usd (EUR/USD pair)
https://www.itrader.com/en/page/gbp-eur (Cross Currency trading)
May 11, 2017 at 13:29
TanEric posted:
Can anyone help me in knowing the best currency pairs for trading in the forex market? I am dilemma please help me or share any link which could help me in knowing that.
No one can tell you which is the best FX pairs for trading that will suit for you :)
There are pairs tend to trending, other to ranging - just need to make small research and to find which will fit you.
If you want to invest rather to trade, then is better to chose trending market like USD/TRY or EUR/TRY or GBP/JPY or GBP/NZD that forms long trends and take advantage from the large price movement.
Also you need to be aware that they hide solid risk for your investment if the market does not follow your desired direction.
會員從May 09, 2017開始
32帖子
May 11, 2017 at 13:48
Hello @TanEric
I was just going through some blogs and got a blog http://www.mmfsolutions.sg/blog/forex-trading-tips-investment/
I hope it could help you.
I was just going through some blogs and got a blog http://www.mmfsolutions.sg/blog/forex-trading-tips-investment/
I hope it could help you.
May 23, 2017 at 10:48
TiffanyK posted:
What is your dilemma? I don’t think there is such thing as “Best Currency for trading”. More likely “best currency for applying your strategy
That was my thought too - "the best currency pair" is a very subjective choice that is different for different people based on their needs as traders.
會員從Jun 02, 2017開始
13帖子
Jul 04, 2017 at 14:55
here is another interesting question - is there a pair that you could call "the most predictable" ..., anyone?
會員從Sep 12, 2015開始
1933帖子
Jul 04, 2017 at 16:37
icepower72 posted:
here is another interesting question - is there a pair that you could call "the most predictable" ..., anyone?
That depends on the trader, some who specialise in one currency have a higher hit rate, even when it doesn't behave as predictable they know it will revert, for me I would say eur/gbp but its a personal thing.
"They mistook leverage with genius".
forex_trader_29148
會員從Feb 11, 2011開始
1768帖子
Jul 05, 2017 at 06:07
eurusd seems the overall better pair no matter your trading style
會員從May 09, 2017開始
32帖子
Jul 05, 2017 at 06:23
I think predicting any currency pair is just a probability of either it will go up or down or will not. Everything depends on market fluctuations, sometimes geopolitical issues and disasters are responsible for a rate change in Forex Pairs which can't be predictable so as per my experience, there is nothing like the most predictable.
會員從Nov 08, 2012開始
5帖子
Jul 19, 2017 at 06:33
Yes EURUSD is the most traded. I found more about a pattern or a setup and then how it works on the pair I like the most.
