Firstly I follow eur/usd then many. I follow 10-12 pairs to trade those seems good for trading. I trade with those. but it is works for only short time trade. like 15 min or maximum 1 hr
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Firstly I follow eur/usd then many. I follow 10-12 pairs to trade those seems good for trading. I trade with those. but it is works for only short time trade. like 15 min or maximum 1 hr
For now, I prefer to trade in any possible pair that give me strong signal to open a trade. Of course I ll prefer to pairs that have low spread than higher. But, after all, my trade open for all any possible pair suitable with my strategy. About the strategy, I use some of them. I have my main system as my trigger but sometimes I use other system for confirmation only.
I am not familiar with many of the trading currency pairs, it seems manarik to be done when we can play in several pairs with different risks and benefits, but it must be with knowledge of a broad and complex as each movement of one pair is influenced also by the movement other currencies, so this should I learn first
Trading everyday is not a correct strategy. We should wait for the correct moment for trading. Everyday trading is a very risky strategy and may be a strong cause of losing your capital. We should only trade by doing various analysis
meto Gold me trade karta hu. kunki gold me bohot moovment hota hai. or moovment honeke douran hamko bohot ahsanise profit miljata hai. iske elaba ham euro/usd or gbp/usd me trade karta hu.
In about 10 pairs i will follow and trade in forex market.This pair are very useful of a begainer.So dont feel hesitate trade your own risk,with your deposite account.If faced any problem please contact me.I will always here to solved your problem.
if we use a lot of us are beginners couples apalgi I think we really will be made confused by the many pairs that we trade in and of course we must have different concentrations of a mess by trading in only one pair only.
Actually I follow two or three pairs at one time and trade only one pair at one time. I follow the strategies of support and Resistance trend lines, patterns, and Moving averages along some indicators. I also use economic calendar to follow the news and releases.
I did many experiments on pair trading strategies and more. But, finally now I just traded in two pairs, that is EUR / USD and EUR / JPY. Of two of the most dynamic market is EUR / JPY, and I collect more pips on EUR / JPY.
i think is not problem friend. trading in 3 pairs is enough altough they has been trading for 3 years.
if we know about the character of pairs in not become a problem. maybe this is good way to be more focus and develop our skill in only it pairs.