Hi
i trade GBP/USD on hourly charts.
Because my trend following strategy only trades 2.25 times per day on average, i am going to trade one more currency pair.
I want to find the currency pair that is most similar to GBP/USD in terms of the size of moves, & main trading hours 0200-1100 EST.
I have looked at EURUSD, but it is a bit slow moving for my liking, and would prefer to trade a currency pair with more life in it resulting in GBP/USD like moves.
I don't want to get into trading the minors at this stage such as NOK/USD or SEK/USD, which have big moves, high volatility & big spreads.
Please can you suggest the pair/s that most closely resemble my requirements.
MANY THANKS.
i trade GBP/USD on hourly charts.
Because my trend following strategy only trades 2.25 times per day on average, i am going to trade one more currency pair.
I want to find the currency pair that is most similar to GBP/USD in terms of the size of moves, & main trading hours 0200-1100 EST.
I have looked at EURUSD, but it is a bit slow moving for my liking, and would prefer to trade a currency pair with more life in it resulting in GBP/USD like moves.
I don't want to get into trading the minors at this stage such as NOK/USD or SEK/USD, which have big moves, high volatility & big spreads.
Please can you suggest the pair/s that most closely resemble my requirements.
MANY THANKS.