Different Pair Different Rules? What's your say?

Hi guys, apparently different pairs require different strategy as it is not possible to have a " one strategy fits all pairs" .

What's your opinion?

Same rule should be applied to all pairs. Buy low & sell high.

One variation.. you can also sell high & buy low

Applies to all currency pairs!

larger spreads, bigger moves, different political, economic and seasonal influences... other than that they all still go up and go down.

Wanna bet?

Yes, this rule is for all currency pairs because everyone trade for profit.

i thinks spread matters too, as some pairs with 10 pip spreads, and some with 1 pip spread which make the differences.

I apply the same system to different currencies but I end up tweaking the actual values for entering and existing. For example if your rule is to enter on when volume is > 2000 for EUR/USD it might be lower for GBP/USD

Depends on how you define different rules. For instance, the AUDUSD should be traded during the Asian session and perhaps not during the European session. Same with the USDCAD during the US session and not the Asian.

But really the rule is to find the optimum trading times which is the same rule for all pairs but with different interpretation.

I feel that there are so many rules, indicators, and strategies that it can be too much in the beginning.

This site has some good material that may help you get familiar with the basics. Some of the videos are a little out dated, but a pretty good free resource overall.

http://www.informedtrades.com/f112/