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The best Pairs to Trade?

  • #221
  • Jun 14, 2018 7:06pm Jun 14, 2018 7:06pm
I trade EURUSD Only because that's the pair I'm comfortable with!
  • #222
  • Jun 14, 2018 10:54pm Jun 14, 2018 10:54pm
Any pairs that is moving is good. as long as there is movement, there is money to be made. I personally use Mataf volatility tool to pick pairs. Anything between 80-120 pips is good. If you are scalping, aim for those with tight spread. if you are swinging, any pairs is okay.

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  • #223
  • Jun 15, 2018 3:03am Jun 15, 2018 3:03am
Quoting AdamCrist
{quote} Who is a successful trader actually its difficult to predict , only by means of winning trade its difficult to make sure who is successful in here. Successful trader has the ability to calculate the real faction of this market with certainly , he knows how to manage emotions when trading.
You are right successful trader has the ability to calculate the real fraction of this market, but i doubt that any trader can be 100% certain about his all trading decisions.
  • #224
  • Jun 15, 2018 3:12am Jun 15, 2018 3:12am
Quoting mlawson71
{quote} That is my approach as well. It's a long, difficult journey to even get to a point where you profit more than you lose.
Yes definitely its a long journey you have to be patient enough to reach at that level where your profits became more than your losses. Patience plays very important role in the Forex world.
  • #225
  • Jun 15, 2018 7:48am Jun 15, 2018 7:48am
Quoting maria098
{quote} Yes definitely its a long journey you have to be patient enough to reach at that level where your profits became more than your losses. Patience plays very important role in the Forex world.
I agree. For how long have you been trading?
  • #226
  • Jun 16, 2018 1:01am Jun 16, 2018 1:01am
i suggest not trade chf pair because its huge negative swap if u want hold ur position for long time
  • #227
  • Jun 16, 2018 8:19am Jun 16, 2018 8:19am
Quoting lordadry
i suggest not trade chf pair because its huge negative swap if u want hold ur position for long time
That's a great point. Also, it's heavily influenced by the whims of the Swiss Bank, and we all saw what happened back in 2015.
  • #228
  • Jun 20, 2018 3:52am Jun 20, 2018 3:52am
Quoting ZikriIrfan
{quote} Wow, almost 7 pairs! Yes I am also comfortable with the major FX pairs; by the way do you use the same system for all these 7?
The strategies are different for different pairs. I just prefer to trade them, because of tighter spreads
  • #229
  • Jun 20, 2018 10:11am Jun 20, 2018 10:11am
Quoting DwainUK
{quote} The strategies are different for different pairs. I just prefer to trade them, because of tighter spreads
How do you keep track of so many strategies at the same time?
  • #230
  • Jun 20, 2018 8:40pm Jun 20, 2018 8:40pm
EUR USD is always in fav list of every trader. But GBP and JPY are also the good ones to try them for trading.
  • #231
  • Jun 21, 2018 5:44am Jun 21, 2018 5:44am
Quoting UlliC
For a beginner , I would suggest avoiding exotics, as typically they have wider spreads, higher volatility and bring certain unpredictability.
I concur. Trading in exotics is very risky in itself and even more so for newbies as you need to have extensive knowledge in these pairs. They have huge spreads, low volumes and less liquidity also which is not desirable. New traders should stick to major pairs like EUR/USD to gain experience.
  • #232
  • Jun 22, 2018 9:26am Jun 22, 2018 9:26am
Frankly, I'd always recommend to avoid exotics, unless you are truly a very experienced trader and you know the political and economic background of a certain exotic currency well.
  • #233
  • Jun 25, 2018 5:56am Jun 25, 2018 5:56am
Quoting Butterscotch
EUR USD is always in fav list of every trader. But GBP and JPY are also the good ones to try them for trading.
There is a chance to get profit by means of any trading pair, if you are experienced. I use always demo account where I use multiple pairs to see the performance how it works.
  • #234
  • Jun 25, 2018 9:33am Jun 25, 2018 9:33am
Quoting mlawson71
{quote} How do you keep track of so many strategies at the same time?
I don't use them at the same time mate Depending on the news and upcoming events, I choose a pair & strategy to trade
  • #235
  • Jun 25, 2018 11:24am Jun 25, 2018 11:24am
Quoting DwainUK
{quote} I don't use them at the same time mate Depending on the news and upcoming events, I choose a pair & strategy to trade
Oh, I see. I don't know why I decided that you trade all the pairs you frequent at the same time. Sorry about the misunderstanding.
  • #236
  • Jun 26, 2018 6:30am Jun 26, 2018 6:30am
Which trading pair is more appropriate for news trading , there is anyone who is regular news trader wit profitable?
  • #237
  • Jun 26, 2018 9:46am Jun 26, 2018 9:46am
Quoting AdamCrist
Which trading pair is more appropriate for news trading , there is anyone who is regular news trader wit profitable?

Usually the most news-affected currencies are the ones that belong to the biggest economies - the USD, CAD, JPY, GBP, etc.
  • #238
  • Jun 26, 2018 10:55am Jun 26, 2018 10:55am
Quoting AdamCrist
Which trading pair is more appropriate for news trading , there is anyone who is regular news trader wit profitable?
Sometimes I do and I have mixed trading experience; by the way my trading pairs are EURUSD, GBPUSD, CADUSD and GBPJPY.
  • #239
  • Jun 27, 2018 4:07am Jun 27, 2018 4:07am
Quoting mlawson71
{quote} I agree. For how long have you been trading?
Initially I started trading with demo account and now its been almost one year I have been trading on the live account.
  • #240
  • Jun 27, 2018 9:44am Jun 27, 2018 9:44am
Quoting ZikriIrfan
{quote} Sometimes I do and I have mixed trading experience; by the way my trading pairs are EURUSD, GBPUSD, CADUSD and GBPJPY.
Which scheduled news events do you usually trade?
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