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Posted

@amcfx

Okey then, I will use analysis or sentiments in the future. Sorry if I confused you, in my mind that was commonly used in forex forum.

Posted

i think we already out of topic guys. ok, i will bring back to topic. i trade all currency pairs which i can see clear direction. all depend on the timing. currently i stay away from aud-usd because i can't see clear direction of it, eventhough i know the direction for long term, but i prefer trade for short term.

Posted

@cnbc

Wow that was cool if you can trade with all pairs. Is it making you confuse to trade with multiple pairs friend? If me, I am focussing in a pair in a time.

Posted

@cnbc

Wow that was cool if you can trade with all pairs. Is it making you confuse to trade with multiple pairs friend? If me, I am focussing in a pair in a time.

 

as long as you know what you do and how to do it with the right timing, it will not confusing. you can benefit a lot, but it surely not recommended for newbie or people who don't really understand the currency pairs character and psychology.

Posted

I like the word "Analysis" it sound professional and it sounds like you have been analysing the market and thus it would lead to the "prediction" of the ups and downs of the market.if you have analysed it well, the probabiity of getting correct trade is at the ceiling.

Posted

@cnbc

I am newbie in forex and in my experiences, it will be much more easier if we used one pair only. If you used multiple pairs, do you use the same method to all of those pairs?

  • 7 years later...
Posted

There is more than 25 currency pair in forex market. Volatility is an important factor to choose a pair among than. I trade in major pair like EUR/USD, USD/JPY, GBP/USD etc. those pair have high volatility and low spreads. I am a scalper and I am trading with CapitalsTrade. it is a regulated and licensed broker in Vanuatu. It is providing me low tight spreads, mt4 trading platform, fast and smooth execution system with no re-quotes and rejection etc.

Posted

Traders would like to concentrate on speculation when they begin trading in the CFD market. It isimportant to monitororders placed while speculating, so brokers are essential when traders need assistance in analysis. FXB Trading has helped solved the brokerage issues of many traders in the CFD market.

  • 1 month later...
Guest gaban
Posted

For where we run this forex trading is the way where things we have to run is we always routine the stages in the learning phase, to remind the existing risks are very big that exist, so we continue to strive in learning and learning to be able to facilitate our performance trading better. And I also continue to learn on the run with the aim that this forex business can be easy profit we get

Guest gaban
Posted
On 3/31/2018 at 9:46 AM, Pixie Pips said:

Forex is a really difficult business. To make money with forex, you have to know the technique and have enough experience or you lose more than what you make.

That's right, where do we want to earn money in the forex business that we have to stage stages in learning, business forex big risk business that exist, so trader better to continue in level skill maximum ability so that can maximal also in run forex trading by bringing an easy and consistent advantage when it comes to real trading

  • 2 years later...
Posted

A good rule of thumb for traders new to the market is to focus on one or two currency pairs. Generally, traders will choose to trade the EUR/USD or USD/JPY because there is so much information and resources available about the underlying economies. Not surprisingly, these two pairs make up much of global daily volume.

Posted

Although there are other traded pairs outside of the 18, the eight currencies most often traded are the U.S. dollar (USD), Canadian dollar (CAD), euro (EUR), British pound (GBP), Swiss franc (CHF), New Zealand dollar (NZD), Australian dollar (AUD) and the Japanese yen (JPY).

Posted

The following currency pairs (listed below) are not necessarily the best Forex pairs to trade, but they are the ones that have high liquidity, and which occupy the most foreign exchange transactions: EUR/USD (Euro  US Dollar) USD/JPY (US dollar  Japanese Yen) GBP/USD (British Pound  US Dollar)

  • 2 weeks later...
Posted
What are the most traded forex pairs in the world?
  • EUR/USD (euro/US dollar)
  • USD/JPY (US dollar/Japanese yen)
  • GBP/USD (British pound/US dollar)
  • AUD/USD (Australian dollar/US dollar)
  • USD/CAD (US dollar/Canadian dollar)
  • USD/CNY (US dollar/Chinese renminbi)
  • USD/CHF (US dollar/Swiss franc)
  • 2 weeks later...
Posted

Making money from forex market is not an easy task. If you want to make money you need a better plan. And to make a better plan you need to have knowledge about forex market. Without any knowledge about forex, it is quite impossible to make profit. You can take education about forex trading from many sources.

One of the most effective sources of learning forex is demo account. It will help you to know all the basics of trading. It has no risk and no need to invest any money to take the education of forex. I also opened a demo account of Forex4you to get the education of forex before entering into the market. They help me to get all the knowledge about forex trading. I am still trading with their live account.
 

  • 4 weeks later...
Posted

choosing a broker must be able to pay attention to it properly, this is needed and necessary so that traders can become better and can be maximized in carrying out trades that are in line with expectations with Tickmill.

Posted

Loss is the part and parcel of forex market. Every trader wants to reduce their losses. If you want to reduce your losses you need to study more and more about forex market. Basically new traders are not serious about the losses. To reduce the losses every traders need to make a plan and walk through that plan. I always trade with TP Global FX. It has low spread and give personal advice to reduce or recover the losses.
 

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