Hi guys, I open this post to see what's your opinion about the top pairs to trade!
Share your view!!
best regards
Linveste
Hi guys, I open this post to see what's your opinion about the top pairs to trade!
Share your view!!
best regards
Linveste
Personally, I trade EURUSD all the time as it's little volatile compared to the rest but helps me earning excellent amount. While looking at gold, it's most of the time bearish but nevertheless we can make some profits while still making it sell.
Ah. Well, whatever works for you. For me personally that pair and the CHF pairs are about as clear as coal.
I am curious, why EUR/CHF of pairs? Especially after the drama back in 2015 if the Swiss Bank unpegged the CHF?
I think most suitable answer is - those pairs which I manage to profit from
Personally my subject of habituation is EUR/USD, USD/JPY, AUD/USD, OIL, USD/RUB. Getting great performance on them with my broker and profit also
Btw here's adequate schooling material from me the way currencies are traded. Hope it'll help newbies to understand market better http://brokerarena.com/eduion/how-cu...aded-in-forex/
You are welcome, sir.
I might be wrong, but in my opinion just the Usd is common denominator, but you really can say exactly what the cross pair price is by considering major pairs(off course with very little - ) like in my previous post... I think that the logic behind that is how far one or over currency is stronger/weaker compared to Usd. For instance:
If Gbp is more powerful than Usd by 80 percent and Eur is more powerful than Usd by 30% there is no chance for Eur to be more powerful than Gbp.
P. S. - I am a newbie, so don't take my ideas because true...I might be wrong
One other major currency pair is good. But everyday isn't the same... You need to be discerning.
Also you should not trade crosses if you don't clearly understand the management of majors because crosses mathematicaly defined from majors.
For instance:
Usd is common denominator.
G/U is up by around 35pips from today open.
E/U is up by approximately 27 pips from today open.
E/G is down by around 6pips from today open.
Why do you believe these are the very best pairs? I agree about some of them, but I am interested in your reasoning.