Which pairs act most reasonably technically? | Forex Factory

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Which pairs act most reasonably technically?

  • #1
  • First Post: Oct 12, 2009 9:42am Oct 12, 2009 9:42am
Which one of the pairs act most reasonably according to technical analysis?
  • #2
  • Edited 10:12am Oct 12, 2009 10:03am | Edited 10:12am
My vote is for the Pound / Dollar pair. It has strong moves and doesn't give too many false signals. I particulary like its retracements. But you need to careful and understand its unique characteristics such as at the London opening.
  • #3
  • Oct 12, 2009 10:58am Oct 12, 2009 10:58am
GU has been really great lately, very easy to trade technically. EJ used to be my favorite but these last 3-4 weeks it really hasn't done too much.
  • #4
  • Oct 13, 2009 10:46pm Oct 13, 2009 10:46pm
technically they are all the same.
  • #5
  • Oct 13, 2009 10:54pm Oct 13, 2009 10:54pm
Quoting bobblong
technically they are all the same.
This is mostly true.

It just varies from time to time. Sometimes one pair will trend beautifully, like AUD has been doing for the last couple weeks.

And then it changes....
  • #6
  • Oct 13, 2009 11:07pm Oct 13, 2009 11:07pm
These pairs are the two I would nominate as being the least technically reliable except of course when they are behaving reliably. I think it has to do with the volume of order flow and perhaps the influence of other factors such as gold and oil prices.
  • #7
  • Last Post: Oct 16, 2009 5:19pm Oct 16, 2009 5:19pm
I like GBPUSD for technical trade,

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