i will follow eur/usd,gbp/usd and some times i rarely trade with aud/usd and usd/cad.the two pairs are really stable and we can make profits by changes in price of it
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i will follow eur/usd,gbp/usd and some times i rarely trade with aud/usd and usd/cad.the two pairs are really stable and we can make profits by changes in price of it
i trade only with 2pairs.EURJPY and GBPUSD.
I am a Swing Trader and often use 1h and 4h charts.
I use lot of combination of indicators like RSI,Bollinger bands,SAR,MACD etc.
yeah that is good.just trading one or two pairs is enough.we have to keep it simple and trade with profit.
following too many strategies and pair will land us in confusion.
ok bro main aapke kaha hua usd ke base par pair ko dhyan me rakhunga. kuch din pehle follow karunga. uske baad kya result hota he wo bataunga.
the one who experienced in forex should use more than one pair at one time...as newbies has little knowledge.....so u should concerntrate in one pair then u should go ahead
Many factors should decide this matter. If a trader in forex trading is well knowledgeable about forex trading, then they will be able to make analysis on many pairs at the same time and they will still be accurate.
So newbies use less pairs and experts use more pairs.
i use to trade on eur/usd , gbp/usd , usd/cad , usd/chf . and my strategy is to follow the indicators rsi . parabolic sar .. and i don't really depend on indicator i . use to watch news also while i do trading on volatile market .. the time frame i use is m5 ,m15 and h1 and once you trade with this time frames you will come to know how to use the indicators on which time frame !!
main to sirf two pairs par trade karta houn or stretegy khud he banai hoie ha kisi or ki strtegy main use nahi karta ek he point par buy ya sell ka ek he point par main es strategy se satisfied houn kafi had tak
jani main to sirf two pairs par trading karta hnn ye ek achi strategy ha kioun jab ager ek loss main ho to dosre se app us ko control rakhain main es strategy ko follow karta hnn or ye kafi helping ha mere liye
i'm also using only two pairs, EUR/USD and USD/CHF. i'm using martingale+hedging as my primarily strategy, while the backup paln is using a MA crossing and following the trend. But i'm more focusing in the first one. it's already two month doing testing in demo. so far the result is still okay.