The best Pairs to Trade? | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Best Carry trade Pairs? 29 replies

What are the best times to trade for individual currency pairs?, by Kathy Lien 9 replies

What are the best pairs to trade 5 replies

What are the best pairs to trade? 7 replies

Best pairs trade during evening 4 replies

Attachments: The best Pairs to Trade?
Exit Attachments

The best Pairs to Trade?

  • #1
  • First Post: May 28, 2008 8:10am May 28, 2008 8:10am
Hi guys , i open this post to see what is your opinion about the best pairs to trade !

Share your opinion !!

best regards
Linveste
  • #2
  • Feb 2, 2016 7:38am Feb 2, 2016 7:38am
Hi Linveste I believe no one has answered due to many threads raised and answered based on this same question, here are few of the threads among the others relating the question you've asked

http://www.forexfactory.com/showthread.php?t=195554

http://www.forexfactory.com/showthread.php?t=219852

http://www.forexfactory.com/showthread.php?t=156367

Happy trading
  • #3
  • Feb 5, 2016 5:32am Feb 5, 2016 5:32am
I trade 13 pairs, anything with EUR USD AUD JPY
Price-Action Extremist
  • #4
  • Feb 5, 2016 11:30pm Feb 5, 2016 11:30pm
You can trade what ever pair you like.
It really does not matter to me as long as they move up and down
  • #5
  • Mar 17, 2016 12:02pm Mar 17, 2016 12:02pm
Quoting linveste
Hi guys , i open this post to see what is your opinion about the best pairs to trade ! Share your opinion !! best regards Linveste
You can trade all pairs...the one thing you need to avoid is to trade low liquidity pairs.
  • #6
  • Mar 17, 2016 4:51pm Mar 17, 2016 4:51pm
Quoting linveste
Hi guys , i open this post to see what is your opinion about the best pairs to trade ! Share your opinion !! best regards Linveste
​You can trade anything and everything. From bullshit to dogshit. Just beware the Correlation.
  • #7
  • Mar 18, 2016 5:53am Mar 18, 2016 5:53am
Generally speaking, some pairs can be better than others. For example, EUR/USD is pretty volatile and prone to random spikes, at least in my experience. USD/CAD, on the other hand, moves pretty smoothly. That said, it also depends on your strategy and what that strategy requires to be successful.
  • #8
  • Mar 22, 2016 11:57pm Mar 22, 2016 11:57pm
Quoting linveste
Hi guys , i open this post to see what is your opinion about the best pairs to trade ! Share your opinion !! best regards Linveste
Winners (great candlestick signals, lots of movement, pretty price behavior)
EURAUD
EURNZD
GBPAUD
GBPNZD

Almost there (lacking at least one of the winner's perks... mostly the pretty price behavior)
EURCAD
GBPCAD
GBPCHF
GBPJPY
EURJPY

Just decent (good candlestick signals but slow and can get ugly sometimes)
AUDUSD
NZDUSD

Warning: Some of these pairs have wide spreads. Always adjust your lots to minimize risk.
  • #9
  • Mar 23, 2016 9:18am Mar 23, 2016 9:18am
I like three majors:
EUR/USD
GBP/USD
AUD/USD

Bascally there is always some action everyday in 1/2 of those.

I found that JPY pairs are usually more volatile, but at the same time you need more pips for SL etc.
  • #10
  • Mar 31, 2016 5:16am Mar 31, 2016 5:16am
there are no best pairs to trade, there is trader or "trader" kind of problem, my pairs are EUR/USD, GBP/AUD, GBP/CAD
  • #11
  • Mar 31, 2016 7:49am Mar 31, 2016 7:49am
Quoting Taiwei
there are no best pairs to trade, there is trader or "trader" kind of problem, my pairs are EUR/USD, GBP/AUD, GBP/CAD
Agree,
I work on EUR/USD, USD/JPY USD/RUB and SHComp index. Though it's hard to predict them as too many factors affect them. But I try to make pips on some important government decision like recent Yellen comments that sent greenback down, etc.
  • #12
  • Apr 1, 2016 5:07am Apr 1, 2016 5:07am
I also think that different people have different trading needs, so the question which are the best pairs to trade tends to have a different answers for any single individual. One should figure out what's best for them and go with it.
  • #13
  • Apr 2, 2016 5:22am Apr 2, 2016 5:22am
Quoting linveste
Hi guys , i open this post to see what is your opinion about the best pairs to trade ! Share your opinion !! best regards Linveste
I think most convenient answer would be - those pairs which I manage to profit from

Personally my area of habituation is EUR/USD, USD/JPY, AUD/USD, OIL, USD/RUB. Getting great execution on them with my broker and profit as well
Btw here is decent education stuff from me how currencies are traded. Hope it'll help newbies to understand market better http://brokerarena.com/education/how...aded-in-forex/
  • #14
  • Apr 2, 2016 10:14am Apr 2, 2016 10:14am
Right now I am demo trading EUR/USD.
I personally think as a beginner trader it is smart to trade only one pair, until you have a feel for the market.
  • #15
  • Apr 2, 2016 10:49am Apr 2, 2016 10:49am
Your best chance is if you trade a weak currency against a strong one, any pair that is fulfilling that criteria is good to trade as long as the spread is not to large.
Bulls are stupid Animals!especially when Im short!
  • #16
  • Apr 3, 2016 9:19am Apr 3, 2016 9:19am
Quoting Kendie
Right now I am demo trading EUR/USD. I personally think as a beginner trader it is smart to trade only one pair, until you have a feel for the market.
i suggest to change pair. liquidity is high, but also a lot false signals, and false brakes. try to focus on such as GBP, JPY with other popular, but for beginning without EUR and USD, and use bigger time frame , for ex at least 15M.
  • #17
  • Apr 5, 2016 1:42am Apr 5, 2016 1:42am
actually there are no big difference among different currency pairs for newbie traders.
new trader can choose any pair which he think he will be interested and spend time on studying relative trend.
  • #18
  • Apr 5, 2016 2:56am Apr 5, 2016 2:56am
I personally trade EURUSD most of the time as it is bit volatile than the rest but helps me earning good amount. While looking at gold, it is most of the time bearish but still we can make some profits while making it sell.
  • #19
  • Apr 6, 2016 2:19am Apr 6, 2016 2:19am
Quoting linveste
Hi guys , i open this post to see what is your opinion about the best pairs to trade ! Share your opinion !! best regards Linveste
To me, there is no definite 'best' pair to trade, but it boils down to what is your trading style and approach towards the market.

For example, if you are a trend trader, you want to pick pairs that are trending nicely. And suppose the market only trend 20-30% of the time, you will need to have a rather wide portfolio in your watch list to have sufficient opportunities to ride the trends.

On the other hand, if you are using a range bound methodology to engage the market, you want to do so otherwise - you want to pick pairs that are ranging.

And depending on how holistic you want to approach, you can simply decide which pairs are trending/ranging based on technical alone; or you can even include the central banks analysis and fundamentals to see if there is any deviation between two currencies, thus giving you an idea which pairs to lookout for.

Hope my views are helpful and gave you a different perspective
  • #20
  • Apr 6, 2016 3:56am Apr 6, 2016 3:56am
I mostly trade USDJPY, AUDUSD and EURNZD - great liquidity and spreads on them , but sometimes news can lead to me opening trades on USDINR or AUDJPY - when I can be confident enough
0 traders viewing now