which currencies to avoid trading?

Hello Scalaada,

My signals are based on Price actions and how the bars are set-up. Once bullish or bearish bars set along with confirmation bars, I then use simple moving averages as a guide and fibs in exiting trades. See attachment for an example of a live trade I did last night.

Ps

This was a sale trade: entry,exit as well as take profit points is marked with black lines. Also this was a 15min signal. I took it based on 15min TF as I couldn't find signals from 4H,IH &30Min

Hello Folks!

As few traders were interested in how I take my profit, attached is a trade I am currently looking to enter Short. The set-up is ready for a short.

Marked lines (brown) are SL & TP.

Cheers!

All of them, go do something productive.

Another interesting trade to watch out for a Buy. TP around 6.962918

An update on EurUsd....As price bounced off from the 23.6 fib this morning after London open, TP is now as marked bottom.

Cheers!

Prices remained almost the same range after London open and no change in TP.

wouldn't mind some clarification. say the timeframe is 4h, trend following. rather than just trade a small basket of say 5 majors, why not also trade many other cross pairs ?(the main non US currencies, nothing exotic or unusual). more opportunities to trade that way (need money, i'm not well off). and after a trade gets to BE, who cares if we happen to launch a new one that is correlated? can someone plz explain. Razor seems to think having more than a few currencies isn't a good thing.

I generally avoid trading currencies that depend on unstable politics, like the RUB, the TRY, etc. Last summer I was even avoiding the GBP.

i guess the general rule is avoid the currencies that acts like a b***h on her period, the crazy ones i say when there are no certainties, by simply letting it pass.