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Thread: What pairs you prefer and why!
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07-07-2013, 07:21 PM #151
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The EURUSD and the GBPUSD are both my favorite pair to trade with. Though, at times, I feel like trading on other currency pairs, but at the same time, I will feel discouraged because I am not that too acquainted with other currency pair, the way I am with the EURUSD and the GBPUSD. Basically, the major reasons why I love those pair is because they are are highly volatile. And it is the volatility of the market on the currency pairs that enables a trader to make more pips. A trader also needs to plan out his trading strategies so as to succeed in his trades, no matter the currency pair he is trading on.
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07-07-2013, 07:37 PM #152
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At present I like GBPUSD the most. This pair moves up and down very fast now-a-days. However i like USDJPY and EURUSD also as second priority.
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07-07-2013, 07:41 PM #153
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i really like to trade with Most of Major pairs like EURUSD, GBPUSD, USDJPY. the reason for this pair are the lowest spread offered by most of the brokers and others things are the volatility of these pairs and they are really affected by high impact news.
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07-07-2013, 07:45 PM #154
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i like the usdjpy/ eurusd that is good pair of trade i also prefer that we can trade an chose that pair. forex trade is risk but every busienss were risk .risk is a part of life.
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i like the usdjpy/ eurusd that is good pair of trade i also prefer that we can trade an chose that pair. forex trade is risk but every busienss were risk .risk is a part of life.
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07-07-2013, 07:50 PM #155
Местный
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i agree with you that all the currecny connect with usd very important because this currency very popular and all the world deal with dollar so if any thing affect on usd all the currency will change according to it but we must learn every thing because the more knowledge we learn the more experience we will gain and profit we have
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07-07-2013, 08:30 PM #156
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At least over 40-50% of the market liquidity out of the currency pair is just due to the USD as USD is relatively highly popular than any other currencies and therefore these major USD related currency pairs are being traded by all the traders.There are also other major currencies but they are not as volatile as the USD is as there are lots of traders and trade volumes being traded here in the trades that is related with the currency.But that does not mean that all the traders should be trading with it to get profits just because it is popular or is more volatile.
I am a kind of a trader who tries to avoid higher volatility and so I normally keep out of these pairs and only trade with cross pairs.And I also find that it is easier to have a strategy with these lesser volatile pairs rather than the major pairs involving USD.
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07-08-2013, 08:14 PM #157
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Sometimes it is better to stick with only few pairs. Consider it as an advantage that you can easily analyze these two currency pairs. EUR/USD is no doubt one of the best and popular currency pair. However GBP/USD is also like the same but here we can good very good pips. These are major currency pairs and spread is very less. I preferred many good currency pairs. For example, EUR/USD, GPB/USD, USD/JPY, EUR/JPY etc. In my view we should trade with every currency pair. Basically major currency pairs are very good it has low spread and liquidity is very high.
I only like to trade with those pairs which gives high profit. Here in tradings we can consider few pairs as a popular and it may give very good profit. Among all I prefer EUR/USD as one of the best pair. Because I can easily get fundamental news related EUR/USD and also I can understand it better.
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07-08-2013, 09:25 PM #158
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there are so many currency pair in forex trade. we can use any of them in our trade. all pairs are suitable for trade. but i like two currency pair. they are EUR/USD and GPB/USD. i think they are most uses and valuable. i can understand their movement. i think these currency pairs are more profitable for trade.
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07-09-2013, 12:39 PM #159
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The pairs which are been preferred by me are the Euro-usd,the GBP-USD because in my one year experience of trading i have seen that the most volatile currency pair are these two in these the world top economies are the nations which have these currencies so i have gain much more profit in them so the newbies can get maximum reward from these two currency pair because their news can easily be available while the changes in these can easily make the shift in the trend of the Forex market
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07-09-2013, 01:05 PM #160
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EUR/USD pair is so much grateful to me. I like this pair because I think we are know by the EUR/USD. Most of the country and most of the people know about the EUR/USD pair. It is an easy system to understand the people about the money exchanging. But if we want to money exchanging we need a lot of experience and information about this EUR/USD pair. If we try to doing money exchanging by the EUR/USD pair we can be success.
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07-09-2013, 01:27 PM #161
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It is not in doubt that a lot more traders do trade on the EUR/USD pair and it is not without good reasons. That is my favorite pair too and the reasons for that includes the fact that its liquidity is second to none, its spreads are the the best from any broker, its volatility is moderate and evenly distributed unlike most other pairs that can trend in one particular direction for so long a time.
One other major reason, I always trade on the EUR/USD pairs is because it offers a better hedging option for me because of its strong correlation with most other pairs.
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07-09-2013, 02:24 PM #162
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A trader in order to earn on forex needs to select the perfect pair for his trade. it will help him earning returns for the trader. A trader can find these pair by regularly studying the market and analyzing the ongoing changes and trends in the market.
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07-09-2013, 02:39 PM #163
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Well, in my starting career, i had started Forex Trading with EU pair only, then i gained some experience on GU and UJ. however, my current favorite pair is Eur/Usd because there is a large winning potential and the quote currency and the base currency, both are majors.
I always see some opportunity with my personal strategy then i always try to confirm my entry that whether it is a good signal from my indicators and analysis or not, when i found that the signal is at least 90% correct, so i enter into the market with good MM plan.Forex is my Love!
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07-09-2013, 05:39 PM #164
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i think in my point of view we have known to be the New York and London sessions that overlap creates great movements in that pair during those times. It's the closing of the London but opening in New york which many traders are waiting and also that most of Forex brokers offered here low spreads in this pair.
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07-09-2013, 05:48 PM #165
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I am always prefer to use euro pair . because I think this is really good for me to make always huge profit . If you want to make profit to use this pair then just always check about this pair news and also try to make good analysis you to your trading chart panel . Forex is really good and most profitable earning way for people if they can gain it well on them .