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The easiest pairs to trade?

  • #41
  • Mar 15, 2012 8:27am Mar 15, 2012 8:27am
Thanks for replying alvseek.
For the name of the discussion I meant that it is more important to focus on trades that are profitable instead of easy to trade J However, in connection to your question about the patterns. The probability for a figure/pattern, particularly head and shoulder, to reverse the trend is stated as 85% in the books J I don’t think it is time costly to open twenty charts and figure out whether there are patterns such as double-top or head and shoulder. They are very easy to be spotted. Also, if there is divergence and you see the figure in different timeframe the chances increase drastically.
I am attaching one screen shot of a recent trade that I took according to the reversed head and shoulder on silver



http://i40.tinypic.com/346oosy.jpg



  • #42
  • Mar 16, 2012 4:56am Mar 16, 2012 4:56am
Every currency pairs are having the different popularity on trade.... Based on popularity, the pairs are differed to trade!
  • #43
  • Mar 16, 2012 10:40am Mar 16, 2012 10:40am
eurusd is the one ) but if you are a good trader and aware of whats going on on the market you can handle any pair so easy !
  • #44
  • Mar 17, 2012 6:43am Mar 17, 2012 6:43am
Quoting saidsaid
eurusd is the one ) but if you are a good trader and aware of whats going on on the market you can handle any pair so easy !
Well said! I agree with your point on currency trade...
  • #45
  • Mar 17, 2012 7:39am Mar 17, 2012 7:39am
Right at the moment AUDUSD has taken over EURUSD as my current fave. major.

Reasons:

a) volatility: sensitive to big moves in gold
b) very positive fundamentals compare to europe, japan
c) highest interest rate by far currently, fuel for carry trades
d) if you are based in the US, aussie is great because you can get wind of the news usually between 7-10 PM EST at night when i'm home from work. Harder to justify staying in a profitable trade when a major news event is due at 3:00 AM or so when I'm asleep.

In the end of course, depends on you and where you are located to an extent.
Skype: heliosphan187
  • #46
  • Mar 20, 2012 6:48am Mar 20, 2012 6:48am
Quoting Dirtybrown
Right at the moment AUDUSD has taken over EURUSD as my current fave. major.

Reasons:

a) volatility: sensitive to big moves in gold
b) very positive fundamentals compare to europe, japan
c) highest interest rate by far currently, fuel for carry trades
d) if you are based in the US, aussie is great because you can get wind of the news usually between 7-10 PM EST at night when i'm home from work. Harder to justify staying in a profitable trade when a major news event is due at 3:00 AM or so when I'm asleep.

In the end of course, depends...
Your reasons are quite interesting to take over to such currency pair... Thanks for sharing your experience with currency pair!
  • #47
  • Mar 26, 2012 2:17am Mar 26, 2012 2:17am
According to me, EUR/USD is the easiest pairs to trade. You can go for any other major currency pairs.
  • #48
  • Mar 26, 2012 10:18pm Mar 26, 2012 10:18pm
USDJPY obviously is making profit these days..thanks to BOJ and the US_Japan interest rate!
  • #49
  • Mar 29, 2012 10:54am Mar 29, 2012 10:54am
pick a currency and observe all its pairs.
then take a pair and trade by following the trend.
my 2 cetns.
  • #50
  • Apr 2, 2012 3:40pm Apr 2, 2012 3:40pm
Hello my friends, all pairs!!

All pairs are good for trade in the correct session; but the major pairs are the most chosen.

Determination is the key to success!

Happiness for all
  • #51
  • Last Post: Apr 2, 2012 3:56pm Apr 2, 2012 3:56pm
Quoting abzhanghunan
as far as I know, I feel the USD CAD is the easiest. I never trade on the one you said the easiest.
what are the reasons you say usd cad is the easiest for your trade??
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