Monitoring Currency Pairs

Pipsaholic · Dec 21, 2011

Hi,

How many pairs do you monitor daily searching for opportunities? Do you only concentrate on 1 or 2 specific major pairs or do you scan the market for multiple opportunities and compare them for your best bet?

Obviously, monitoring just the majors is easy and added the minors your screens may get overrun, but you may miss opportunities especially of the GBP/JPY pairs.

Thanks.

Patricia12 · Dec 26, 2011

I only search for one currency pair that is EUR/USD.

retro69 · Dec 31, 2011

I look at the major forex pairs, and also have a look at some of the more exotic pairs as well if I dont see anything thats looking promising initially. I also trade Indices, Commodities , shares and bonds too. Rather than have a large number of strategies that work in all market conditions, I just have a small number of trend following strategies over different time periods that work well for me. I dont mind where I implement them so I keep my options open.

bangkoker · Dec 31, 2011

retro69 said:
I look at the major forex pairs, and also have a look at some of the more exotic pairs as well if I dont see anything thats looking promising initially. I also trade Indices, Commodities , shares and bonds too. Rather than have a large number of strategies that work in all market conditions, I just have a small number of trend following strategies over different time periods that work well for me. I dont mind where I implement them so I keep my options open.

What Retro said

Monitoring Currency Pairs

Pipsaholic

Well-known member

Patricia12

Active member

retro69

Newbie

bangkoker

Well-known member

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