FOREX question

FTSEBOY

Member
87 0
Hi all,
In my quest to diverisfy my trading products I am slowly veering towards FOREX for good TA signals and trending moves. As I really to do some further homework on this, does anyone recommend any good currency trading books before I take the plunge. Also are the most liquid pairs GBP/USD,EUR/USD and USD/JPY?
Any thoughts or comments would be greatly appreciated.
Cheers
FTSEBOY
 

darktone

Veteren member
3,986 1,041
if you have a good grasp of general TA then trade E/$..

$/Y is odd and unpredictable at the mo and £/$ will more than likely pull your pants down unless your a guru with it, it stops for nothing! :eek:

gl
 

nickerson334

Active member
156 2
Hi

I agree with other post.

Avoid usdjpy due to bank of japan intervention which breaks technical flow.

A: USD : CHF / GBP / EURO all very liquid but similar movements so I look for the best opportunity on only one of those at a time

B: USDCAD has a 'life of it's own' and very liquid also.


So I always trade either A, B, or AB.



EURJPY worth a look as well although four markets is enough for me.
 
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