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Which Currency Pair Do You Trade?
Somerset
post May 6 2009, 02:23 AM
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I think the style of trading is the most important for a choice which currency pair you'll trade.
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happyvalley80
post May 6 2009, 07:22 AM
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QUOTE (Somerset @ May 6 2009, 06:23 PM) *
I think the style of trading is the most important for a choice which currency pair you'll trade.


Hi somerset:

Go for Gbp/Jpy, its our favourite, high volatile=high earning chance. cheers
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KnightRide
post May 14 2009, 09:16 AM
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Getting started on EUR/USD as the main currency pair. Trying to sort out at least this one rolleyes.gif


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dannyson1
post May 15 2009, 10:02 AM
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QUOTE (KnightRide @ May 14 2009, 09:16 AM) *
Getting started on EUR/USD as the main currency pair. Trying to sort out at least this one rolleyes.gif


I agree your style definitely has a lot to do with how successful (or unsuccessful) you're going to be with a certain pair.

& good luck with the EUR/USD it's a great pair if you know how to work it!


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KnightRide
post May 16 2009, 04:39 AM
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QUOTE (dannyson1 @ May 15 2009, 09:02 PM) *
I agree your style definitely has a lot to do with how successful (or unsuccessful) you're going to be with a certain pair.

& good luck with the EUR/USD it's a great pair if you know how to work it!


Thanks! Hopefully I will not get unsuccessful. Trading on Demo account to find out major trends of this pair. wink.gif


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bfdd
post May 16 2009, 09:08 PM
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I'd like to learn to trade GBP/JPY and USD/JPY


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dannyson1
post May 20 2009, 12:15 PM
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That's the way to go! You can also analyze previous movements to attempt to predict it's future trends smile.gif


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alex198555
post Jun 23 2009, 10:44 AM
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QUOTE (miracle1010 @ Mar 21 2009, 12:25 PM) *
I pefer GBP/USD cause i quite understand the price moving. I also get the signal from one of the website.




Visit My Website


Did you trust that web-site?
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mishael1977
post Jul 23 2009, 06:07 AM
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The JPY pairs are my favourite but of them all, I have a near perfect understanding of GBP/JPY which averages around 240pips daily. With proper money management, maybe only silver can come close to GJ in terms of profitability.
Just for the records, we would see GBP/JPY do a 1,000 pip move next week. It would touch around 159 region then we can get set for 6 months of a bear market until February or March 2010.


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spacechimp
post Jul 23 2009, 11:28 AM
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QUOTE (mishael1977 @ Jul 23 2009, 06:07 AM) *
The JPY pairs are my favourite but of them all, I have a near perfect understanding of GBP/JPY which averages around 240pips daily. With proper money management, maybe only silver can come close to GJ in terms of profitability.
Just for the records, we would see GBP/JPY do a 1,000 pip move next week. It would touch around 159 region then we can get set for 6 months of a bear market until February or March 2010.


care to share any info or insight on how to TACKLE that pair?
I've been interested in learning it's nature for awhile
GBP/JPY girl_devil.gif


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forexanjali
post Aug 3 2009, 08:24 PM
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Well it is always profitable to avoid trading in a thin market.

I always suggest newbies to trade on popular currency pairs and avoid thin market. The lack of public participation will cause difficulties in liquidate your positions. If you are beginners, we suggest the big five: USD/EUR, USD/JPY, USD/GBD, USD/CHF, and EUR/JPY.


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startforextradin...
post Aug 9 2009, 03:32 AM
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QUOTE (forexanjali @ Aug 3 2009, 09:24 PM) *
Well it is always profitable to avoid trading in a thin market.

I always suggest newbies to trade on popular currency pairs and avoid thin market. The lack of public participation will cause difficulties in liquidate your positions. If you are beginners, we suggest the big five: USD/EUR, USD/JPY, USD/GBD, USD/CHF, and EUR/JPY.


EUR/USD is the most liquid pair and the pair which has the lowest spread with most brokers.


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dannyson1
post Aug 11 2009, 11:32 AM
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QUOTE (startforextrading @ Aug 9 2009, 03:32 AM) *
EUR/USD is the most liquid pair and the pair which has the lowest spread with most brokers.


Well it can be a very profitable pair but it depends how you trade. There's a wealth of traders who earn huge profits from each major im sure and even more who lose money trading the same currency pairs, it all depends on your techniques.


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ThoRquin
post Aug 12 2009, 12:07 PM
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QUOTE (lukstruk @ Mar 29 2009, 02:35 PM) *
Eur/USD


+1. The most predictable pair.


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Sofiaforex
post Aug 14 2009, 03:56 AM
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E/U, U/J and G/U are the best.


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