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Fast moving currency

  • #41
  • Feb 14, 2018 3:02am Feb 14, 2018 3:02am
Quoting dkrock
I traded 1M Forex charts for several years. At that level of involvement you almost become the market, lol, and can almost feel it and how it works. Not really, but the repetitiveness and the preparedness for different situations causes you to absorb conditions faster. I position traded when I was in the stock market, so I have seen both sides of the fence. These days I prefer to stick with technical analysis and ignore fundamental analysis. FA is much more rampant and destructive in the stock market and after living through it for awhile it actually...
There is some time when every pair becomes slow. Not all the time they move fast. That is also a reason we need patience in trading. The problem is most of the traders become restless. For trading major pairs are good. Among them you have to find out which pairs suit you. Remember all pairs have their distinctive characteristics.
  • #42
  • Feb 14, 2018 10:36am Feb 14, 2018 10:36am
Quoting jmtini
Hi Guys Here's a few of the biggest movers: GBPNZD, EURNZD, GBPAUD, GBPCAD, GBPJPY, XAUUSD GBPUSD can move quite far fairly quickly too at times
All the GBP-pairs move quickly at times because of Brexit-related news. And since it's because of news those movements aren't always predictable.
  • #43
  • Feb 14, 2018 12:12pm Feb 14, 2018 12:12pm
Quoting mlawson71
{quote} All the GBP-pairs move quickly at times because of Brexit-related news. And since it's because of news those movements aren't always predictable.
Not quite true

Have you heard of ADR? It's the "average daily range". Even on non news days the pairs I mentioned usually have a big range.

Have a look at this table: https://www.forexfactory.com/showthread.php?t=474726
  • #44
  • Feb 14, 2018 12:54pm Feb 14, 2018 12:54pm
Quoting mlawson71
{quote} All the GBP-pairs move quickly at times because of Brexit-related news. And since it's because of news those movements aren't always predictable.
Yes, it’s true! This is why I like use GBPJPY and GBPUSD! Yes, volatile trading pairs are my favorite!
  • #45
  • Feb 15, 2018 10:12am Feb 15, 2018 10:12am
Quoting jmtini
{quote} Not quite true Have you heard of ADR? It's the "average daily range". Even on non news days the pairs I mentioned usually have a big range. Have a look at this table: https://www.forexfactory.com/showthread.php?t=474726
I think I have just heard the phrase, I admit I haven't looked much into it. Thank you for the clarification.
  • #46
  • Sep 4, 2018 8:18am Sep 4, 2018 8:18am
Quoting Calculus
{quote} Startling revelation that Smike. So let me get this right, when the sun is up in say Thailand the liquidity will be better in the Bht than it is when the big Thai banks close for the day and the Sun shifts West? Would it be the same with say Sterling? Should we expect better liquidity 7am-5pm in London than say daylight hours in Sydney? Any other good tips from your mate?
Hope the sarcasm makes you feel big and important.
Gone to a better place
  • #47
  • Sep 5, 2018 3:50am Sep 5, 2018 3:50am
Attached Image (click to enlarge)
Click to Enlarge Name: pairs.jpg Size: 55 KB

This is the chart of most volatility pairs for 2018 guys. Just select one of them
  • #48
  • Sep 8, 2018 7:46am Sep 8, 2018 7:46am
I wonder about the reasons behind it. Why GBP/JPY would be the most volatile pair?
  • #49
  • Oct 4, 2018 5:36am Oct 4, 2018 5:36am
I have no idea why, but it is fact that the "Price action EAs" (which are trading while high volatility), are perfect for EURJPY and GBPJPY If you try any Price action EA- try it on JPY ending pair with lower spread
  • #50
  • Oct 4, 2018 5:43am Oct 4, 2018 5:43am
I find it fascinating that the pair GBPJPY is also known as the "Beast," the "Dragon" and even the "Widow Maker" – which ought to tell you something. Tight stops and poor risk management can kill your account in a matter of days rather than weeks with this pair. Whilst the pound was once stable, high-interest rates have led to the pound being used in carry trades. The JPY has been the funding currency of carry trades for a considerable while. This created a crowded market, but when the financial crisis hit, this was turned on its head. All of this leads to greater volatility and an abundance of forex trading opportunities.
  • #51
  • Oct 11, 2018 9:40am Oct 11, 2018 9:40am
Quoting mlawson71
{quote} All the GBP-pairs move quickly at times because of Brexit-related news. And since it's because of news those movements aren't always predictable.
Yes, even though the Brexit is not yet finalized, all the news related to it,does affects the GBP price for sure.
  • #52
  • Oct 11, 2018 9:43am Oct 11, 2018 9:43am
Quoting mlawson71
I wonder about the reasons behind it. Why GBP/JPY would be the most volatile pair?
Most probably because it is related with stocks and commodities. When world economies look good, stocks and commodities rise whilst bonds fall. And GBP/JPY does it as well, rising and falling with stocks and commodities.
  • #53
  • Oct 11, 2018 10:04am Oct 11, 2018 10:04am
Quoting UlliC
{quote} Most probably because it is related with stocks and commodities. When world economies look good, stocks and commodities rise whilst bonds fall. And GBP/JPY does it as well, rising and falling with stocks and commodities.
I see. That hadn't occurred to me before, thank you so much for explaining!
  • #54
  • Oct 18, 2018 9:29am Oct 18, 2018 9:29am
Quoting mlawson71
{quote} I see. That hadn't occurred to me before, thank you so much for explaining!
cheers mate
  • #55
  • Nov 27, 2018 1:12am Nov 27, 2018 1:12am
Quoting UlliC
{quote} Most probably because it is related with stocks and commodities. When world economies look good, stocks and commodities rise whilst bonds fall. And GBP/JPY does it as well, rising and falling with stocks and commodities.
Maybe & till now GBPJPY is the most volatile trading pair in FX industry.
  • #56
  • Nov 28, 2018 10:14am Nov 28, 2018 10:14am
Quoting GeorgeBaile
{quote} Maybe & till now GBPJPY is the most volatile trading pair in FX industry.
So I've heard.
Do you trade that pair do you avoid it?
  • #57
  • Nov 29, 2018 6:06am Nov 29, 2018 6:06am
Quoting mlawson71
{quote} So I've heard. Do you trade that pair do you avoid it?
Mate; this pair is one of my favorite! I always try to use trade opportunity here according to my own trading system.
  • #58
  • Nov 29, 2018 10:24am Nov 29, 2018 10:24am
Quoting GeorgeBaile
{quote} Mate; this pair is one of my favorite! I always try to use trade opportunity here according to my own trading system.
I see, I see.
I rarely trade that pair as I am generally wary of all GBP pairs but maybe I should look into it.
  • #59
  • Nov 29, 2018 10:51am Nov 29, 2018 10:51am
The only way to determine the best opportunities is through the economic calendar and fundamental analysis. Without it you are shooting and hoping as well as being exposed to sentiment changes against you.
  • #60
  • Nov 30, 2018 9:32am Nov 30, 2018 9:32am
Quoting EcoTrader
The only way to determine the best opportunities is through the economic calendar and fundamental analysis. Without it you are shooting and hoping as well as being exposed to sentiment changes against you.
I am more of a technical analysis trader myself, but I do agree that you should regularly check a Forex calendar for any upcoming volatility. Not doing so is very unresponsible.
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