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FX or currency index

  • #1
  • First Post: Oct 23, 2018 12:22pm Oct 23, 2018 12:22pm
Hello im wondering why some traders just focus in some index to work instead than trade with more pairs and more opportunities in FX, Thanks.
  • #2
  • Oct 23, 2018 1:23pm Oct 23, 2018 1:23pm
Quoting Jesse292
Hello im wondering why some traders just focus in some index to work instead than trade with more pairs and more opportunities in FX, Thanks.
what do you mean by "index"? i guess, stock market index...
As Above, So Below
  • #3
  • Oct 23, 2018 6:25pm Oct 23, 2018 6:25pm
Quoting tashkent
{quote} what do you mean by "index"? i guess, stock market index...
Srry, i mean like dow, nq, and dax
  • #4
  • Oct 23, 2018 6:40pm Oct 23, 2018 6:40pm
the first thing comes to mind is indices are safer to trade, which means less volatile.
As Above, So Below
  • #5
  • Oct 23, 2018 8:03pm Oct 23, 2018 8:03pm
Quoting Jesse292
Hello im wondering why some traders just focus in some index to work instead than trade with more pairs and more opportunities in FX, Thanks.
Actually, it depends of traders trading personality! Like, you may also noticed few traders are active in Options trading, Crypto & others sector too.
  • #6
  • Oct 23, 2018 9:42pm Oct 23, 2018 9:42pm
Quoting MariaEduard
{quote} Actually, it depends of traders trading personality! Like, you may also noticed few traders are active in Options trading, Crypto & others sector too.
keeping that a part, just want to know if is a better market to trade, maybe its safer as tashketkent says.
  • #7
  • Oct 25, 2018 12:13am Oct 25, 2018 12:13am
There are USD index USDX, Euro Index EXY, Japanese Yen index JXY.

Very few brokers have those indexes, mostly USDX.
  • #8
  • Oct 25, 2018 12:44am Oct 25, 2018 12:44am
Definitely ccy over index. If you are trading an index it is an aggregate of counter currencies involved in the calculation. Now the best opportunities reside in matching strongest with weakest. If you are trading an index there can be one or more counter currencies that are stronger and thus the index won't offer the same opportunity.
  • #9
  • Last Post: Oct 25, 2018 2:05am Oct 25, 2018 2:05am
fx all the way!
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