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Re: What pair will be the best to trade?

Posted: Wed Apr 22, 2020 10:10 pm
by mlawson71
I confess I am not trading as intensely these days because the market is so volatile. I'm mostly watching EUR/USD right now and considering whether I should go back to trading it since it seems to have calmed down a bit.

Re: What pair will be the best to trade?

Posted: Thu Apr 23, 2020 3:27 pm
by Navy8
mlawson71 wrote: Wed Apr 22, 2020 10:10 pm I confess I am not trading as intensely these days because the market is so volatile. I'm mostly watching EUR/USD right now and considering whether I should go back to trading it since it seems to have calmed down a bit.
I think there is a potential that it might be volatile again. It is probably for the best to wait for them to calm down. Even I have not been trading for some times.

Re: What pair will be the best to trade?

Posted: Thu Apr 23, 2020 5:15 pm
by Trado9
mlawson71 wrote: Wed Apr 22, 2020 10:10 pm I confess I am not trading as intensely these days because the market is so volatile. I'm mostly watching EUR/USD right now and considering whether I should go back to trading it since it seems to have calmed down a bit.
I am too watching that pair along with some other major ones. However I am not still sure about re-entering the markets. Have you come to any decision?

Re: What pair will be the best to trade?

Posted: Thu Apr 23, 2020 11:22 pm
by mlawson71
I opened a long on EUR/USD yesterday and obviously, that was a mistake. So now I am back to watching the market. :(

Re: What pair will be the best to trade?

Posted: Fri May 15, 2020 5:34 pm
by Ronald
mlawson71 wrote: Thu Apr 23, 2020 11:22 pm I opened a long on EUR/USD yesterday and obviously, that was a mistake. So now I am back to watching the market. :(
That's the best thing we can do right now I think. Any new move that you have made?

Re: What pair will be the best to trade?

Posted: Tue May 19, 2020 12:10 am
by mlawson71
I occasionally open small short-term positions when the pair reaches the support and resistance levels of the range, but I am not taking any bigger risks than that. You?

Re: What pair will be the best to trade?

Posted: Tue Jun 09, 2020 4:23 pm
by Frankie_tr
Ray Martin wrote: Tue Apr 21, 2020 9:46 pm EURUSD for me and other major pairs also will be preferred.
Majors are my preference mostly.

Re: What pair will be the best to trade?

Posted: Thu Jun 11, 2020 4:37 pm
by Jonathan
Major pairs. Always.

Re: What pair will be the best to trade?

Posted: Thu Jun 11, 2020 6:06 pm
by blonde
Statistical studies were conducted on the topic which pair is preferable for trading. This turned out to be AUDNZD. It has the largest statistical profit on classic forex. Why is this a mystery to me. But there is a fact.

Re: What pair will be the best to trade?

Posted: Thu Jun 11, 2020 11:18 pm
by mlawson71
Jonathan wrote: Thu Jun 11, 2020 4:37 pm Major pairs. Always.
Why only those? Some people trade exotics successfully. Not me. :D