DislikedThank you Vahid for the time you take to answer all our questions. I appreciate your obvious experience that you express and show when answering them.
Could I push you a little bit further on my previous question however?
If ALL 16 pairs show good signals (unlikely, but for example sake only). What FOUR or EIGHT pairs would you choose, so that you are NOT doubling up on a trade. For example, all pound crosses: GBP/JPY, GBP/EUR, GBP/USD, GBP/NZD, GBP/CAD, GBP/AUS, which of these trades would you consider be a doubling up on the same trade? Also the yen crosses, and the dollar crosses?
Thank you Vahid, I appreciate your time spent answering my question.Ignored
Thanks a nice question I love to answer.
So let's say all of the below currency pairs show good and clear signals:
GBP/JPY, GBP/EUR, GBP/USD, GBP/NZD, GBP/CAD, GBP/AUS
Here is their ranking for trading:
1. GBP/AUS (highest volatility). Of course the spread is usually high but for swing trading is really a good CP.
2. GBP/JPY
3. GBP/NZD
4. GBP/USD
5. GBP/CAD
6. GBP/EUR
Among all the 16 currency pairs, if all of them show good and clear signal at the same time, I prefer to trade GBP/AUS, GBP/JPY or EUR/JPY.
Hope this is the answer you wanted. If not I will be happy to explain more.
Best regards,
Vahid