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best pair to trade on forex market

  • #141
  • Jul 28, 2020 5:34am Jul 28, 2020 5:34am
Dare not to say which pair is the best in the market. But, perhaps the most popular pair of traders is eurusd. simply because of high liquidity.
  • #142
  • Jul 28, 2020 7:15am Jul 28, 2020 7:15am
Quoting kavanto
Dare not to say which pair is the best in the market. But, perhaps the most popular pair of traders is eurusd. simply because of high liquidity.
EUR/USD is very volatile though. That can be good for some people but others just lose money on it.
  • #143
  • Jul 28, 2020 10:12am Jul 28, 2020 10:12am
Quoting kavanto
Dare not to say which pair is the best in the market. But, perhaps the most popular pair of traders is eurusd. simply because of high liquidity.
Agree
  • #144
  • Jul 28, 2020 10:57am Jul 28, 2020 10:57am
last two day i am trading with gold , honestly speaking getting better result from last , its my own experience.
  • #145
  • Jul 28, 2020 12:42pm Jul 28, 2020 12:42pm
i always avoid gold trading even though i know it very much profitable , its a pair which can make you loser and wine with very short time.
  • #146
  • Jul 29, 2020 3:18am Jul 29, 2020 3:18am
I'm sure someone already said it, but it really depends on the strategy you trade.

Just remember that no one strategy fits all, so it's better to backtest your strategy on the pair you want to trade and track it performance.

Trading a strategy with a statistical edge is the key to become a profitable trader in the long-run.
"Verify Trading Strategies With Cold & Hard Facts."
  • #147
  • Jul 29, 2020 9:07am Jul 29, 2020 9:07am
I absolutely agree. Any currency pair can bring profits if one has the appropriate strategy for it.
  • #148
  • Jul 29, 2020 10:59am Jul 29, 2020 10:59am
I'm very new of trading. What you thing about USD/GBP pair in this moment?
  • #149
  • Jul 30, 2020 3:00pm Jul 30, 2020 3:00pm
My best pair to trade is always changing although am in love with GBPJPY and GBPUSD since they move like the wind:

But my best pair to trade is often:

The one where retail trader sentiment is over 60% net-short or net long and the market is trending in the opposite direction.

Where I can see my favorite setup playing out clearly and confluent points can be had.
Give the market little, Aim to take a lot!
  • #150
  • Jul 31, 2020 9:19am Jul 31, 2020 9:19am
Quoting AndyFrediani
I'm very new of trading. What you thing about USD/GBP pair in this moment?
The pair is clearly pretty bullish right now and it may rally to 1.3200.
That saidm ForexFactory has a thread about this pair, I recommend going to it for further information - https://www.forexfactory.com/thread/...-update-gbpusd
  • #151
  • Aug 5, 2020 8:30am Aug 5, 2020 8:30am
Quoting mlawson71
{quote} The pair is clearly pretty bullish right now and it may rally to 1.3200. That saidm ForexFactory has a thread about this pair, I recommend going to it for further information - https://www.forexfactory.com/thread/...-update-gbpusd
Thank you
  • #152
  • Aug 7, 2020 1:45pm Aug 7, 2020 1:45pm
According to me, EUR/USD is the best pair to trade on forex market.
  • #153
  • Aug 7, 2020 5:25pm Aug 7, 2020 5:25pm
Quoting SchKithZo
its comes down to your trading strategy and how frequently you want to trade and what kind of market your strategy works well on....example if you have a strategy that targets 300pips SL and TP those targets will hit easier on GBPJPY than they will on EURUSD
+1 I went through a few strategies before I found one that meshed well with my personality and even then it only works on certain pairs. Took awhile but try your best not to overthink it.
  • #154
  • Aug 25, 2020 11:17am Aug 25, 2020 11:17am
I am supporting opinion that beginners in forex should start with majors. I think that EURUSD is the best currency pair for that purpose. It has high daily volatility, super liquidity, and all relevant fundamental news available everywhere on the internet
  • #155
  • Last Post: Aug 26, 2020 9:32am Aug 26, 2020 9:32am
I agree about starting with majors but EUR/USD, I think, is not that suitable among the majors. It's too volatile. USD/CAD is better, in my opinion.
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