Michihito
Členom od Jul 19, 2020
298 príspevkov
Feb 25 2021 at 12:33
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
Členom od Jul 19, 2020
751 príspevkov
Feb 25 2021 at 12:51
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
Členom od Jul 20, 2020
298 príspevkov
Feb 25 2021 at 14:18
It is very important to choose a pair. I think EURUSD is the best pair to trade.
Harshalgibbs
Členom od Oct 13, 2020
54 príspevkov
Mar 03 2021 at 03:55
LeviSievwright5 posted:You have to study about the pair before trading in it. Checking on all the changes happening and prices and staying updated about them is very important.
It is very important to choose a pair. I think EURUSD is the best pair to trade.
Markwoods
Členom od Sep 30, 2020
26 príspevkov
Mar 03 2021 at 07:00
Go for the more liquid pairs and trade in them. Use your backtested strategy and you’ll earn good.
Zipp7
Členom od Feb 18, 2021
9 príspevkov
Mar 03 2021 at 07:17
Yes, there are so many pairs when it comes to forex trading and it is quite hard choosing one so it will be beneficial if you can spend a time in learning and know more about that particular pairs so that you can trade them in real account
LyudmilLukanov
Členom od Jul 23, 2020
869 príspevkov
Mar 04 2021 at 03:31
Major pairs are best to trade especially for new traders in my opinion.
Harshalgibbs
Členom od Oct 13, 2020
54 príspevkov
Mar 04 2021 at 04:18
Markwoods posted:It is not mandatory that the strategies will work for you too. I would better advise you to do some research about the currency pairs you want to trade in, see the movements in the price and then decide what next to be done. Most of the time when I am about to trade, I refer to the autochartist or the expert advisor, check what is going on in the market and where can I trade so as to earn good profits and then accordingly, I trade. XM is also good in terms of this feature.
Go for the more liquid pairs and trade in them. Use your backtested strategy and you’ll earn good.
richardmarcus
Členom od Oct 07, 2020
104 príspevkov
Mar 04 2021 at 05:20
Michihito posted: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.
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.
yana hansen
(78678676)
Členom od Oct 16, 2020
137 príspevkov
Mar 04 2021 at 08:12
Trade majors and stay away from exotics.
Bradley88
Členom od Oct 20, 2020
49 príspevkov
Mar 04 2021 at 12:57
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
Členom od Jul 23, 2020
759 príspevkov
Mar 05 2021 at 03:43
Major pairs are more volatile than other pair. New traders should not use other than major pairs.
richardmarcus
Členom od Oct 07, 2020
104 príspevkov
Mar 05 2021 at 11:51
78678676 posted:and why you suggesting to stay away from exotics?
Trade majors and stay away from exotics.
GordonDenzil
Členom od Aug 11, 2020
61 príspevkov
Mar 05 2021 at 16:09
I prefer trading with GBPUSD trading pair using the London time frame because the market seems to be volatile during the London time frame with GBPUSD and predictable.
Tremblay
Členom od Feb 23, 2021
330 príspevkov
Mar 06 2021 at 09:51
I would say there are definitely positive sites in trading. It is possible to be successful if you keep long time goals in trading. It is possible to move forward in trading if you calculate compounding.
DanielGlaus
Členom od Feb 23, 2021
26 príspevkov
Mar 06 2021 at 10:39
Trading is very difficult and to make this difficult thing easy you need proper money management and a trading plan. There may be a loss, but you don't have to go back from that loss, you have to learn from it.
Tradelist45
Členom od Jun 26, 2020
327 príspevkov
Mar 07 2021 at 05:19
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
Členom od Jul 19, 2020
751 príspevkov
Mar 08 2021 at 12:12
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
Členom od Oct 07, 2020
104 príspevkov
Mar 09 2021 at 05:27
UweMoench posted:yeah major all the way
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.