What are your favourite currency pairs?

This is a discussion on What are your favourite currency pairs? within the Forex forums, part of the Markets category; Originally Posted by NVP they do have different personalities.....dependent on the pair / mix EUR USD is a solid and ...

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Old Oct 10, 2018, 6:23pm   #31
Joined Aug 2018
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Originally Posted by NVP View Post
they do have different personalities.....dependent on the pair / mix

EUR USD is a solid and fairly steady pair as both currencies display that personality......some currencies are more volatile than these guys and display different correlation behaviours

I will trade EU most London open mornings if its looking favourable (a few chances this morning for example to sell EU) .....my other favourite is Cable in the London morning session

once NY opens its "game" on as theres a lot more movement on the G8 .....happy to hit most usd crosses then

N
The other great thing about EUR/USD is that it has the smallest spread out of all currency pairs and it's quite volatile, so it's very useful if you want to scalp.
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Old Nov 1, 2018, 5:26am   #32
 
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Does anyone here like trading any exotic currency pairs?
Idon't like exotics because their wild spreads make them too expensive for trading.
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Old Nov 1, 2018, 6:50am   #33
aa9
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EUR/USD and USD/JPY.
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Old Nov 7, 2018, 12:11pm   #34
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Most of the traders are having choice of EUR with different currency because it is the most traded currency.
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Old Nov 7, 2018, 12:19pm   #35
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Most popular pairs are USDJPY and EURUSD, I saw a lot of trading robots built for them.
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Old Nov 8, 2018, 6:43pm   #36
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Does anyone here like trading with what would be considered an exotic currency pair?
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Old Nov 9, 2018, 9:18am   #37
aa9
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Originally Posted by markallen View Post
Does anyone here like trading with what would be considered an exotic currency pair?
spreads are far higher than what i can swing. so i trade with basics only.
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Old Nov 9, 2018, 9:33am   #38
 
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I watch
Aud/….
Eur/…
Gbp/…
Usd/…
gold

They keep me busy without too many nasty shocks. Down Donald......bad dog !

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Old Nov 9, 2018, 6:15pm   #39
Joined Aug 2018
Sometimes I watch silver too, occasionally it has some good movements that I use.
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Old Nov 9, 2018, 7:28pm   #40
NVP
 
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trading is about making money .........and like any business you have to streamline costs ....

spreads are an expensive but necessary cost of doing business in trading and thats why i avoid a lot of exotics and other markets .........they cost a fortune to trade ....win or lose ......so its a no win situation

every small % edge helps in trading .....Euro pairs and USD pairs are cheapest spreads generally ....so i will stick on those mainly - unless i really see a G8 pairing i like and am going for more of a positional trade on higher TFs ....spread costs do scale down at these levels .....

N
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Old Yesterday, 6:06pm   #41
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If you're looking for a small spread when you trade EUR/USD is the pair you want, there is no doubt about that.
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