Choosing a pair | Forex Forum oleh Myfxbook

Anggota Sejak Jul 19, 2020 298 pos

Feb 25, 2021 at 12:33

Anggota Sejak Jul 19, 2020 298 pos

Choosing a pair is one of important part in trading. every pair have different movement form and to study a pair maybe will consume a lot of time. so a trader should not jump to another pair when they still not understand the habit of previous pair.

UweMoench

Anggota Sejak Jul 19, 2020 751 pos

Feb 25, 2021 at 12:51

Anggota Sejak Jul 19, 2020 751 pos

It's true that every pair has their level of movement on daily basis yes that is true and they also have time which we suppose to trade and get the very best out of the market.

LeviSievwright5

Anggota Sejak Jul 20, 2020 298 pos

Feb 25, 2021 at 14:18

Anggota Sejak Jul 20, 2020 298 pos

It is very important to choose a pair. I think EURUSD is the best pair to trade.

Markwoods

Anggota Sejak Sep 30, 2020 26 pos

Mar 03, 2021 at 07:00

Anggota Sejak Sep 30, 2020 26 pos

Go for the more liquid pairs and trade in them. Use your backtested strategy and you’ll earn good.

LyudmilLukanov

Anggota Sejak Jul 23, 2020 869 pos

Mar 04, 2021 at 03:31

Anggota Sejak Jul 23, 2020 869 pos

Major pairs are best to trade especially for new traders in my opinion.

richardmarcus

Anggota Sejak Oct 07, 2020 104 pos

Mar 04, 2021 at 05:20

Anggota Sejak Oct 07, 2020 104 pos

Michihito posted:
Choosing a pair is one of important part in trading. every pair have different movement form and to study a pair maybe will consume a lot of time. so a trader should not jump to another pair when they still not understand the habit of previous pair.

just go through the chart of the pair and analyse it completely and check for the trend it is following.. and you will gradually understand things moving forward.

78678676

Anggota Sejak Oct 16, 2020 137 pos

Mar 04, 2021 at 08:12

Anggota Sejak Oct 16, 2020 137 pos

Trade majors and stay away from exotics.

Bradley88

Anggota Sejak Oct 20, 2020 49 pos

Mar 04, 2021 at 12:57

Anggota Sejak Oct 20, 2020 49 pos

I prefer trading with the EURUSD currency pair because it is widely used in the market and stable compared to other major currency pairs.

SofieAndreasen

Anggota Sejak Jul 23, 2020 759 pos

Mar 05, 2021 at 03:43

Anggota Sejak Jul 23, 2020 759 pos

Major pairs are more volatile than other pair. New traders should not use other than major pairs.

richardmarcus

Anggota Sejak Oct 07, 2020 104 pos

Mar 05, 2021 at 11:51

Anggota Sejak Oct 07, 2020 104 pos

78678676 posted:
Trade majors and stay away from exotics.

and why you suggesting to stay away from exotics?

Tradelist45

Anggota Sejak Jun 26, 2020 327 pos

Mar 07, 2021 at 05:19

Anggota Sejak Jun 26, 2020 327 pos

we should choose the pair which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the pair which has most lowest trading spreads.

UweMoench

Anggota Sejak Jul 19, 2020 751 pos

Mar 08, 2021 at 12:12

Anggota Sejak Jul 19, 2020 751 pos

I don't like to follow too many pairs. For my trading I just trade EURUSD and GBPUSD pairs. I comprehend these two pairs more as I have done good research on them. To me it is a smart thought to trade a couple of pairs. I figure each trader should begin with a single pair.

richardmarcus

Anggota Sejak Oct 07, 2020 104 pos

Mar 09, 2021 at 05:27

Anggota Sejak Oct 07, 2020 104 pos

UweMoench posted:
I don't like to follow too many pairs. For my trading I just trade EURUSD and GBPUSD pairs. I comprehend these two pairs more as I have done good research on them. To me it is a smart thought to trade a couple of pairs. I figure each trader should begin with a single pair.

yeah major all the way

Ebin

Anggota Sejak Jun 08, 2020 44 pos

Mar 09, 2021 at 13:49

Anggota Sejak Jun 08, 2020 44 pos

Choose a suitable pair according to your time frame because every pair has a level of movements daily, and using the correct time frame can give a trader the very best opportunity to profit from the market.

forexminded

Anggota Sejak Feb 04, 2021 35 pos

Mar 11, 2021 at 09:04

Anggota Sejak Feb 04, 2021 35 pos

EUR/USD is my favourite pair and I am glued to this pair only since long.

Imamul

Anggota Sejak Aug 09, 2017 785 pos

Mar 12, 2021 at 07:10

Anggota Sejak Aug 09, 2017 785 pos

from all trading pair i like most major , because its safe and sounds to me than others.

CraigMcG2020

Anggota Sejak Jul 20, 2020 399 pos

Mar 13, 2021 at 17:20

Anggota Sejak Jul 20, 2020 399 pos

LyudmilLukanov posted:
Major pairs are best to trade especially for new traders in my opinion.

Completely agree. :)

Andronn

Anggota Sejak Jun 30, 2020 90 pos

Mar 29, 2021 at 07:01

Anggota Sejak Jun 30, 2020 90 pos

To be honest, it was quite difficult to choose certain pairs for trading, because each pair has its own peculiarity.

Akasuki

Anggota Sejak Mar 28, 2021 617 pos

Mar 29, 2021 at 11:57

Anggota Sejak Mar 28, 2021 617 pos

Most newbie traders usually trade a lot of pairs but to me that's not an ideal way to trade. Every currency pair has its own movement patterns. If one can understand that it becomes easier to trade. So it good to choose few pairs.

UweMoench

Anggota Sejak Jul 19, 2020 751 pos

Mar 29, 2021 at 13:51

Anggota Sejak Jul 19, 2020 751 pos

It needs a lot of experiment to find a suitable pair. Most new traders do few months of demo and they think they get the edge. But it is not true. When they start trading live they lose money due to lack of experience.

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