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Which Currency Pair Do You Trade?
dannyson1
post Mar 10 2009, 10:00 AM
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Which currency pair do you usually trade ??

I almost exclusively stick to the EUR/USD because I understand it's movements from years of trading it, how about you ??


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Globalprofits
post Mar 10 2009, 02:13 PM
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QUOTE (dannyson1 @ Mar 11 2009, 05:00 AM) *
Which currency pair do you usually trade ??

I almost exclusively stick to the EUR/USD because I understand it's movements from years of trading it, how about you ??


I only trade the Aud/Usd, which is very boring but after more then 2.5 years i have worked out 1 good trade per week with a properly funded account makes boring very profitable!

GP peace.gif


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dannyson1
post Mar 11 2009, 11:19 AM
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QUOTE (Globalprofits @ Mar 10 2009, 03:13 PM) *
I only trade the Aud/Usd, which is very boring but after more then 2.5 years i have worked out 1 good trade per week with a properly funded account makes boring very profitable!

GP peace.gif


As long as it's profitable! That's all that matters in this market smile.gif


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AllWorldBIZ
post Mar 13 2009, 09:37 AM
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Pounds/Euro is good too


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dannyson1
post Mar 13 2009, 09:06 PM
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QUOTE (AllWorldBIZ @ Mar 13 2009, 09:37 AM) *
Pounds/Euro is good too


Yes it can be depending on your analytics.


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naf05
post Mar 14 2009, 12:14 AM
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I trade EUR/USD because I am newbie and I think it's the easier to start .


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dannyson1
post Mar 18 2009, 04:45 PM
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QUOTE (naf05 @ Mar 14 2009, 01:14 AM) *
I trade EUR/USD because I am newbie and I think it's the easier to start .


I think it is too, it seems less volatile than most other major pairs.


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miracle1010
post Mar 21 2009, 12:25 AM
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I pefer GBP/USD cause i quite understand the price moving. I also get the signal from one of the website.




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dannyson1
post Mar 24 2009, 05:27 AM
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QUOTE (miracle1010 @ Mar 21 2009, 01:25 AM) *
I pefer GBP/USD cause i quite understand the price moving. I also get the signal from one of the website.




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It's very important to understand the movement & trends of the pair your trading, I used to solely trade the GBP/USD it seems like it's a bit easier to trade based on fundamentals than other pairs.


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Tonset
post Mar 27 2009, 11:12 AM
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I used to do EUR/USD, but now I trade GBP/JPY mostly.
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lukstruk
post Mar 29 2009, 01:35 PM
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Eur/USD
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mpalermo
post Mar 31 2009, 12:24 PM
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GBP/JPY is one of the best cause it has lots of volume daily


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Globalprofits
post Mar 31 2009, 05:29 PM
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QUOTE (mpalermo @ Apr 1 2009, 06:24 AM) *
GBP/JPY is one of the best cause it has lots of volume daily


It can be an account killer if you don't have the right money management though, i blew up two mini accounts in my first year trading it.

Turned out to be some of the best lessons i ever learned!

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years
post Apr 5 2009, 07:21 AM
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it can be depending on your analytics.
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dannyson1
post Apr 13 2009, 11:18 AM
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QUOTE (years @ Apr 5 2009, 07:21 AM) *
it can be depending on your analytics.


Well yes it does depend on your analytics & trading style. Different traders trade different currency pairs for a variety of reasons.


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