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I watched every pair available on Instaforex in a demo account. I gained knowledge about all pairs but I chose eur / usd for most of my trading because analysis always gives good results and this pair is not much volatile. I followed a few strategies given in this forum but were never interested in anyone. I like manual trading. and I think the two currency pairs that you are trading already have very good opportunities. You have the time, let alone trade in Europe and America, the next session of this pair is to have a good move and good for the session
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it is a way to reduce some risk and of course we must know the characteristics first before we try it and maybe with a demo account is a good decision ... I am a scalper but I use all the time frames because a high time frame is needed to show trends and I only use 3 pairs in my trade and I trade only with EUR / USD pairs now. I am not a big forex player. I am still a beginner so I only trade with one currency pair. Later when I will have full confidence about my knowledge, skills then I will look for more partners. And about strategy, I first analyze trends, and based only on the results, I make plans and strategies for trading.
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For me, I trade only with the EUR / USD pair now. I am not a big forex player. I am still a beginner so I only trade with one currency pair. Then when I will have full confidence about my knowledge, skills then I will look for more partners. And about strategy, I first analyze trends, and based only on the results, I make plans and strategies to trade with them really! and I like to trade with one partner because this is one of the best ways to learn forex trading and if we try to trade with many partners then we might have to suffer a big loss at any time due to loss of concentration.
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I usually trade in the lowest spread on the broker. I am more lazy to trade in large spread pairs because it will eat up our profits, yes spreads take up your time first, the more spreads you pay, more chance of losing than profit and at the moment I am sure that along the amount of training and knowledge requires mandatory follow-up from 1 currency pair and I am currently the most effective pound combining the dollar and following it every day and that I trade with it I feel it is a wonderful husband in trading and a Beginner's advocate all of this is not registered with more than one pair
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I use many pairs, each pair that I find unstable, I use it. and I use a lot of strategies too, because I'm still looking for strategies that will give me stable profits. and you have chosen a really good partner. I would say that of them eur / usd has a lot of movements and usd / jpy is a little easy to attract some profits because i also stick to them. and yes SL is the most important thing to stay safe and play smart.
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My partner and I further addressed this issue and I had many meetings in most open roles, when they lost, My partner and I were confused, what I could actually solve, I would immediately do my personal analysis and I needed some that can give everyone the advantage and almost everything because it doesn't have a fantastic decline. and I only use EUR / USD and GBP / USD pairs for my trading pairs. I trade with both partners because sometimes couples have the same movements and we can have the opportunity to profit
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I followed two paris in forex trading in euro / usd nad gbp / usd. I followed one strategy because stritcting with only one strategy will give you success in trading. when there is no entry point for one pair I will check the other pairs according to my strategy so that I can get a good, solid daily entry point for trading. I follow the MACD strategy which tells me the right market trends so I follow this good strategy. and jin pairs our main spread hain us per trade kerta hun aur kam volume using kerta hun is a breed say kafi trades for the main profit hoti hai aur kam the main disadvantage bhi chali teak hai is liye forex amin say hu, ain experience aur knowledge ko use kerty huye trading kerni chahiye
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Knowing when and where to pull a trigger every time is too important where the market really moves in supporting me or against it. it helps me maintain a healthy respect for market forces, and prevents me from letting my emoyions dig me too deep !! And for me, I usually deal with major pairs where every major of the dollar deals mostly with 7 or 8 pairs. As for strategy, I rely on strategy and Ahhaddh and strong capital management and rely on technical and fundamental analysis !!
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Knowing when and where to pull a trigger every time is too important where the market really moves in supporting me or against it. it helps me maintain a healthy respect for market forces, and prevents me from letting my emoyions dig me too deep !! And for me, I usually deal with major pairs where every major of the dollar deals mostly with 7 or 8 pairs. As for strategy, I rely on strategy and Ahhaddh and strong capital management and rely on technical and fundamental analysis !!
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I only trade EUR / USD and I trade using the pivot trading strategy. I try to learn swing trading using chart patterns (candlesticks) but I don't always get trading opportunities in my demo so I'm still learning. and I do not use a currency pair in my trading. I like gold only in my trade. Gold is a very strong commodity and is too risky if you trade gold then you prepare yourself for huge profits and losses. If you prefer risk over gold, it is perfect for you.