DislikedHey All, Beginning to realize that I need to learn more about PA etc if this is going to work, and watching all the pairs my demo broker offers isn't doing my any good in the long run. I realized I need to focus on just a few pairs at first and learn how they breathe. Anyone have suggestions as to what pairs to watch to learn PA? Something with reasonable volatility but not rampant unexplained swings that will confuse someone new to watching price. Thanks and all the best, AIgnored
Definitely a good move to focus on just a few pairs whilst you're learning. You need to make the learning process as easy as possible to give yourself the best possible chance of grasping this stuff.
Assuming your trading intraday during the UK/US sessions, the obvious pairs to follow would be the majors (GU, EU etc.) since their spread is the lowest and they'll often make decent moves during these periods. Personally, whilst I've been learning I decided to focus purely on EURAUD since at the time I started their were many experienced traders in here also heavily active on this pair and it was brilliant for me to be able to trade alongside them and learn where I was going wrong... something else you might want to consider.
Hope that helps!
Ballistical
Focus on the process and the profits will follow