there are some traders who like to analyze in two pairs, there are like three pairs.
I think we had better analyze the gradual, if it is possible in two pairs, advanced in three pairs, and so on.
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there are some traders who like to analyze in two pairs, there are like three pairs.
I think we had better analyze the gradual, if it is possible in two pairs, advanced in three pairs, and so on.
I also have lots of experience in many positions open pairs,
when they get a loss, I became confused, what should I do,
then I will emntutup in several positions in several pairs, in order to concentrate
if we already have a system that can work on all movements of pairs.
then simply the one pairs.
if your system works only when the trending, it is better to look for signals in several pairs.
you are absolutely right,
and for those who like the fundamentals, then these pairs have a lot of news.
so become a haven for those who like to fundamentally.
wise decision, till now i have traded since 3 years ago i still use 2 or 3 pairs on my trading, abd i do not have big concentration for open position at many pairs...but maybe someday i will do it when i have mastered one pair from now
and i always use scalping or intra day on my trading
so you are a scalper?or intra day?
i am a scalper and i have a same opinion about it and i think scalping is very suitable with my styles, no need longer time to take profit and if we compare for the results, it is not different with long term and even we can make it more...
i can make profit 50 pips per day with scalping
that is the way to reduce some risks and of course we have to know the characteristics first before we try it and maybe with demo account is a good decision...i am a scalper but i used all time frames because high time frames is very necessary to indicate the trend and also i only used 3 pairs on my trading
sahi kaha aapne scalping mein 1 -2 pair hi kaafi hote hai usse hi hum long-term trader se better profit kama lete hain.. Even, i will also doing scalping from last 1 year and generally concentrated on Eur/usd pair and trying my hands onto GBP/usd pair too soon.Quote:
Originally Posted by jadhav
But EU comes out best for my strategy due to their lots of volatility into their movement.
I am trading with just EUR/USD pair now. I am not a big player of the forex. I am still newbie so I am just trading with one currency pair. Later when I will have full confidence about my knowledge, skills then I will go for more pairs. And about the strategies, I first analyze the trends, and only being based upon the result, I make plans and strategies to trade with.
I make use of a good strategy
which includes keeping a track of
price changes in minutes, hours
and daily. And i usually trade two
currency pairs at once. I
trade mostly in EUR/USD and
GBP/usd to earn lots of profits