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The easiest pairs to trade?

  • #1
  • First Post: Edited 10:22pm Mar 9, 2012 7:20am | Edited 10:22pm
What currency pairs do you think is the easiest, most comfortable, or favorite from your opinion to trade one?

In my view it's the NZD on any pair, especially the NZDUSD. But while i think it's the easiest, the chance is rarer than the major one.
Be the market
  • #2
  • Mar 9, 2012 7:39am Mar 9, 2012 7:39am
Quoting alvseek
What currency pairs do you think is the easiest to trade one? (by the easiest i mean is to predict the direction right easily)

In my view it's the NZD on any pair, especially the NZDUSD. But while i think it's the easiest, the chance is rarer than the major one.
This really belongs in the rookie section....

What time frame are you trading? Which sessions are you trading?

None could really be called "predict the direction right easily" pairs, just stick with (one of) the majors while you're learning, plenty of liquidity and less chance of erratic moves and spikes.
  • #3
  • Mar 9, 2012 8:17am Mar 9, 2012 8:17am
Quoting pipmutt
This really belongs in the rookie section....

What time frame are you trading? Which sessions are you trading?

None could really be called "predict the direction right easily" pairs, just stick with (one of) the majors while you're learning, plenty of liquidity and less chance of erratic moves and spikes.
ok, if you didn't understand what i mean, then i could ask you, which pair do you think has "plenty of liquidity and less chance of erratic moves and spikes"?
Be the market
  • #4
  • Edited 3:15pm Mar 9, 2012 2:47pm | Edited 3:15pm
Quoting alvseek
ok, if you didn't understand what i mean, then i could ask you, which pair do you think has "plenty of liquidity and less chance of erratic moves and spikes"?
what? he already answered you. He said you should go with one of the majors, or you don't know what the majors are?
  • #5
  • Mar 9, 2012 3:01pm Mar 9, 2012 3:01pm
They all easy if you use " Amazing strategy" by Merlin.
  • #6
  • Mar 9, 2012 3:16pm Mar 9, 2012 3:16pm
Quoting alvseek
What currency pairs do you think is the easiest to trade one? (by the easiest i mean is to predict the direction right easily).
My favourite group of pairs are the USD pairs; eu, gu, au, nu, uchf, ucad, and uj (using USDX as master gauge). So basically the major pairs.

But in a way I do agree with pipmutt, this is a rather nieve question. It's not about what is the 'easiest' pair - it's about what your favourite pair is. What pair makes the most sense to you and feels the best to trade? The pair you're most comfortable with is the one you will be able to predict the best.

Soon enough it will not be about one single pair, it will be about the market as a whole. The currencies flowing in and out of each other according to the setups of the buyers and sellers.
  • #7
  • Mar 9, 2012 3:39pm Mar 9, 2012 3:39pm
The USD

you can long the strongest and short the weakest

or just stick to one.

gbp,eur,aud,nzd should move together
chf,cad,jpy, should move together

however be aware of individual CB, or monetary, geopolitical, macro economic situation
AVT INVENIAM VIAM AVT FACIAM
  • #8
  • Mar 9, 2012 10:15pm Mar 9, 2012 10:15pm
Quoting Custos
what? he already answered you. He said you should go with one of the majors, or you don't know what the majors are?
"One of the major" is not an answer. It is like answering "Car from one of the major manufacturer" while i asking "What's the most exciting car from your opinion?".

This is why i bit hate members with high post. they think they know everything and see low post members are stupid.

Quoting ALThau
They all easy if you use " Amazing strategy" by Merlin.
gonna check that, thanks!


Quoting Tyoon
My favourite group of pairs are the USD pairs; eu, gu, au, nu, uchf, ucad, and uj (using USDX as master gauge). So basically the major pairs.

But in a way I do agree with pipmutt, this is a rather nieve question. It's not about what is the 'easiest' pair - it's about what your favourite pair is. What pair makes the most sense to you and feels the best to trade? The pair you're most comfortable with is the one you will be able to predict the best.

Soon enough it will not be about one single pair, it will be about the market as a whole. The...
Okay, so you stay at any major pairs.

In a way, i start this thread to know what pairs you feel the easiest one for you and why. Being comfortable is just as same as you think that is the easiest one for you because in the end you choose it.

Unfortunately i couldn't agree about the "whole market". Because what i've learn from successful trader is they focusing on "some market" so they really really knew the market and make the best for it.

Quoting the redlion
The USD

you can long the strongest and short the weakest

or just stick to one.

gbp,eur,aud,nzd should move together
chf,cad,jpy, should move together

however be aware of individual CB, or monetary, geopolitical, macro economic situation
Thanks for the info mate!

I have question for you. Do you think pairs that end with USD do have same move with pairs that end with JPY, CHF, or CAD?
Be the market
  • #9
  • Mar 9, 2012 10:44pm Mar 9, 2012 10:44pm
Quoting ALThau
They all easy if you use " Amazing strategy" by Merlin.
What a great answer

I agree, with Amazing Strategy trading any pair is like taking candy from a baby
  • #10
  • Mar 10, 2012 12:31am Mar 10, 2012 12:31am
I have found for longterm USd Turkish lira to be great.
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #11
  • Mar 10, 2012 1:18am Mar 10, 2012 1:18am
Hi alvseek, I think you did not get desirable answer still now. So go through to this link http://www.forex-tsd.com/general-dis...air-trade.html. Here is same thread, I hope it will helpful for you.
  • #12
  • Mar 10, 2012 5:22am Mar 10, 2012 5:22am
Quoting 2+2=4ex
What a great answer

I agree, with Amazing Strategy trading any pair is like taking candy from a baby
It turns out that i've read that thread in the past

Quoting pemully
I have found for longterm USd Turkish lira to be great.
Unfortunately my bro.kers doesn't offer that pairs :/

Quoting henryduncan1
Hi alvseek, I think you did not get desirable answer still now. So go through to this link http://www.forex-tsd.com/general-dis...air-trade.html. Here is same thread, I hope it will helpful for you.
Thanks a lot! very nice share!

For you who're also interested, I also found this threads
The Pairs that You Trade

from the "similar threads" on the bottom of this thread. It contain pairs that people choose with polls.
Be the market
  • #13
  • Mar 10, 2012 4:06pm Mar 10, 2012 4:06pm
Quoting alvseek
What currency pairs do you think is the easiest, most comfortable, or favorite from your opinion to trade one?

In my view it's the NZD on any pair, especially the NZDUSD. But while i think it's the easiest, the chance is rarer than the major one.
Eurusd is the easiest in my opinion.... Because the trading costs are lowest. with a NZD pair, spreads are going to be roughly ~ 4 pips or more, with Eurusd i have a total trading cost of just 1.1 pips. But if you trade with larger stops and profit targets trading cost are not going to be so important, and perhaps the pairs trendiness or frequency of news events is going to have a bigger impact
  • #14
  • Mar 11, 2012 3:25pm Mar 11, 2012 3:25pm
Quoting alvseek

ok, if you didn't understand what i mean, then i could ask you, which pair do you think has "plenty of liquidity and less chance of erratic moves and spikes"?
Like I said, one of the majors.

It doesn't really matter which pair some people trade, the end result will inevitably be the same for most of them.

I noticed you didn't understand the significance of time frame and session, not to worry......
  • #15
  • Mar 11, 2012 3:30pm Mar 11, 2012 3:30pm
Quoting pipmutt
Like I said, one of the majors.

It doesn't really matter which pair some people trade, the end result will inevitably be the same for most of them.
right on
  • #16
  • Mar 11, 2012 10:14pm Mar 11, 2012 10:14pm
Quoting rooicol
Eurusd is the easiest in my opinion.... Because the trading costs are lowest. with a NZD pair, spreads are going to be roughly ~ 4 pips or more, with Eurusd i have a total trading cost of just 1.1 pips. But if you trade with larger stops and profit targets trading cost are not going to be so important, and perhaps the pairs trendiness or frequency of news events is going to have a bigger impact
Yes, i agree with you. Fortunately nowadays lot of brokers offering 2-3 pip even for minor pairs. It just like the majors in the old days.

In case you have to choose 3 pairs, what would it be?


Quoting pipmutt
Like I said, one of the majors.

It doesn't really matter which pair some people trade, the end result will inevitably be the same for most of them.

I noticed you didn't understand the significance of time frame and session, not to worry......
I agree, it really doesn't matter to almost all of the people. but not all of them.

How come you get to this conclusion? Do you want to judge me as a noob and prove you're genius? What's wrong with you?
Be the market
  • #17
  • Mar 11, 2012 10:54pm Mar 11, 2012 10:54pm
I don't think the question was naive.

My favourites are CAD/JPY, GBP/CAD and EUR/CAD. These are not the majors and the spread is tough to take but they have always been kind to me. I was losing money on the majors and on the verge of giving up until I decided to give the three pairs above a shot. Three years later and these three pairs comprise of most of my monthly profits. I don't see much whiplash with these pairs and they generally respect resistance and support lines. If you further look at these pairs through the lense of waves theory, you have pretty much a good thing going.
  • #18
  • Mar 11, 2012 11:17pm Mar 11, 2012 11:17pm
some people think bond futures are easy to trade

http://beta.futuresmag.com/2012/01/0...he-bond-market
"If The Fool persists in his Folly he will become wise." - William Blake
  • #19
  • Mar 12, 2012 2:16am Mar 12, 2012 2:16am
Quoting alvseek

I agree, it really doesn't matter to almost all of the people. but not all of them.
You're one of the few exceptions, right?

Quoting alvseek

How come you get to this conclusion? Do you want to judge me as a noob
Well aren't you?

Traders can trade pretty much anything but first they needed to learn how to trade. Then they go on to pick their preferred market, instrument, time frame(s), and strategy once they've got the basics down and understand what they're looking at.

Quoting alvseek
"One of the major" is not an answer. It is like answering "Car from one of the major manufacturer" while i asking "What's the most exciting car from your opinion?".
You didn't ask which pair is the most exciting, you asked which are the easiest to trade. Just like with a car you need to learn to drive first, then you'll be able to drive pretty much any car, and then you can pick which manufacturer, model, and color you prefer. Probably the easiest to learn on would be something simple, with good all-round visibility, smooth gears, and relatively inexpensive in case you have an accident. In the case of trading that would be one of the majors, probably Eur/Usd is as good as any to learn on.
  • #20
  • Mar 12, 2012 2:19am Mar 12, 2012 2:19am
Quoting Amanda2

I don't see much whiplash
Whiplash? We back to cars again?
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