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The best Pairs to Trade?

  • #401
  • Aug 9, 2019 12:52pm Aug 9, 2019 12:52pm
Quoting charlieb410
{quote} Imo there can be a lot of things to consider especially considering the fact that not everyone uses the same strategy and/or approach to trading. I'm a swing trader, so spreads won't affect me as much as someone who is a scalper or daytrader. But what I tend to look at is liquidity and volume. For example the eur/usd is one of, if not the most widely traded pairs in the world so liquidity during peak days of the week for trading usually drives spreads down which eats less profit on winning trades. I tend to lean more toward the majors because...
so many information there is , thanks for your nice post.
  • #402
  • Aug 9, 2019 1:12pm Aug 9, 2019 1:12pm
Quoting BetterThanU
the pairs with the least amount of swaps are my favorite pairs.
Which are those pairs?
  • #403
  • Aug 26, 2019 11:29am Aug 26, 2019 11:29am
Quoting BetterThanU
the pairs with the least amount of swaps are my favorite pairs.
What’s the criteria of swaps least amount? I never heard this type of terminology!
  • #404
  • Aug 28, 2019 12:42am Aug 28, 2019 12:42am
For me , the majors are the all the time best pairs to trade with. Majors include those pairs with USD as one currency. These pairs are highly liquid and have tighter spreads. For example – EUR/USD , USD/JPY , GBP/USD , USD/CHF , USD/CAD etc.
  • #405
  • Aug 28, 2019 3:00am Aug 28, 2019 3:00am
I think that GBP pairs are currently the best to trade due to bigger price movements than others, but you need to strictly control the risk due to unpredictable price jumps caused by news about Brexit.
  • #406
  • Aug 28, 2019 3:41am Aug 28, 2019 3:41am
i like to trade all major which is really safe than others.
but in demo trading i use so many pair

that is really helpful to increase my trading performance very rapidly.
  • #407
  • Aug 29, 2019 3:40am Aug 29, 2019 3:40am
Right now I would have to say the best/easiest pairs to trade would be the following:
USD/CNY
EUR/USD
USD/GBP

Due to current financial happenings across the globe, they appear to always be on the move and their trends are quite easy to predict because they seem to be relying on the latest news (trump said X, Brexit Y and so on...).

Of course, nothing is guaranteed, but those are my #1 targets these days.
  • #408
  • Aug 29, 2019 11:02am Aug 29, 2019 11:02am
Quoting Ray316
Right now I would have to say the best/easiest pairs to trade would be the following: USD/CNY EUR/USD USD/GBP Due to current financial happenings across the globe, they appear to always be on the move and their trends are quite easy to predict because they seem to be relying on the latest news (trump said X, Brexit Y and so on...). Of course, nothing is guaranteed, but those are my #1 targets these days.
No doubt on the last two; but I really surprised to the see your 1st name! No idea on it!
  • #409
  • Aug 31, 2019 7:35am Aug 31, 2019 7:35am
according to me, there is no best pair until having good knowledge and experience.
  • #410
  • Aug 31, 2019 2:41pm Aug 31, 2019 2:41pm
Quoting HajiMohsin
according to me, there is no best pair until having good knowledge and experience.
You nailed it so smartly; really there is nothing like shortcut way; knowledge is the powerhouse!
  • #411
  • Sep 3, 2019 12:23pm Sep 3, 2019 12:23pm
There is no best pair, there is only "these are my favourite pairs" to trade.
  • #412
  • Sep 15, 2019 9:13pm Sep 15, 2019 9:13pm
For many traders, EUR-USD is best as it is always having movement to get the right entry and exit. I like to work with USD-JPY, the same high movement for Asian session.
  • #413
  • Sep 16, 2019 12:27am Sep 16, 2019 12:27am
Hi Guys

I have some basic questions to clear my understanding of mechanics

I couldn’t start a new thread as I am a junior member so thought I’d throw the questions here with the hope I get some answers

how can you buy something you already have and vice versa

say you have a GBP account in London and want to buy GBP/USD how do you buy base GBP with GBP ?? Do you have to buy USD first and then buy GBP again ? Doesn’t make sense ..

similarly if you have a USD account in NYC and want to buy USD/CAD, how do you buy USD base currency with USD ??

thanks for help
  • #414
  • Sep 28, 2019 11:54am Sep 28, 2019 11:54am
Quoting Butterscotch
For many traders, EUR-USD is best as it is always having movement to get the right entry and exit. I like to work with USD-JPY, the same high movement for Asian session.
I also use USDJPY; I like the nature of market trend of this major trading instrument!
  • #415
  • Oct 2, 2019 12:31pm Oct 2, 2019 12:31pm
Quoting GeorgeBaile
{quote} I also use USDJPY; I like the nature of market trend of this major trading instrument!
Is USD/JPY your favourite pair to trade then?
  • #416
  • Oct 2, 2019 2:22pm Oct 2, 2019 2:22pm
Start trading with nation currency is good. The best pair: If in the forex trading market will be one of the bet pairs then what would happen with other major currency (at least)?
No one can say that it is the best currency pair, it can, this pair is my best choice.
Which pair is the good it depends on you!
  • #417
  • Oct 2, 2019 8:16pm Oct 2, 2019 8:16pm
Five pairs:
USDNOK-USDSEK-AUDCAD-NZDCAD-ONLY
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #418
  • Oct 3, 2019 1:47am Oct 3, 2019 1:47am
Quoting Macd-rsi
Five pairs: USDNOK-USDSEK-AUDCAD-NZDCAD-ONLY
that is only 4 pairs..
It's bad luck to be superstitious
  • #419
  • Oct 3, 2019 2:44pm Oct 3, 2019 2:44pm
Quoting zoo
{quote} that is only 4 pairs..
"only" is the fifth pair!
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #420
  • Oct 4, 2019 6:31am Oct 4, 2019 6:31am
I am really enjoying this thread as this was a major question I had when I first started learning. I traded demo for a few months before opening a live account and still ponder this question at times especially given the current political turmoil and adverse economic conditions around the world. I thought at first that I would stick mostly to the majors but I'm finding that my market research is showing better results simply by being more open-minded. Now, I scan all the pairs that are available to trade through my broker looking for the ones that are most setup according to my strategy and as long as the spread is not outrageous I wait for the proper entry signal. I took a winner this week on aud/jpy short! Had I only been looking at usd pairs I would have missed this opportunity. Market research is key. Just my opinion.
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