How many pairs do you trade?

[cableloonie]

Question in the thread title?

What lead you to trade these pairs??

 

[bbmac]

I trade multiple set-ups on 1 pairing (gbpusd) as opposed to one or two set-ups on multiple pairings. I think it is probably difficult to trade multiple set-ups on multiple pairings. As for the choice of the instrument - Gbpusd cash - well it is liquid and volatile, has a good average pip range over daily/weekly/monthly time periods, trends well, reacts well to fundie data, is strongly correlated to eurusd and like all instruments has it's own character that over time is possible to learn/understand more about. I trade on the lower sub 1hr t/f's.

I do additionally look at other hi-probability trading opps on the daily t/f of other instruments and trade these as and when I see them but 95% of my trading is gbpusd cash.

G/L

Question in the thread title?

What lead you to trade these pairs??

 

[cableloonie]

Thanks for you answer, i think the line 'has its own character' is important and something i has started to belive all pairs have

 

[DonCardEst]

Usually i trade conservative pairs - like EURUSD, GBPUSD, USDJPY, and some times its crosses like GBPJPY or EURJPY.

 

[Patricia12]

I trade with two currency pairs EUR/USD and EUR/GBP.

 

[jabar2]

eurusd, ftse

 

[wackypete2]

Thanks for you answer, i think the line 'has its own character' is important and something i has started to belive all pairs have

I'll trade anything that moves
But usually stick to eurusd, eurjpy, audusd, and ES

The character of an instrument is even more pronounced in stocks. I traded US equities for years and only really traded about 10-12 stocks. Each stock performed somewhat different at significant levels or within price patterns. A lot of that is determined by who the market makers are and the big players for each individual stock. When you can learn a few of them inside out it does give you just a bit of an advantage over other retail traders.

Peter

 

[NVP]

question in the thread title?

What lead you to trade these pairs??

audusd........

N

 

[Mtweek]

I'm looking for some good books specifically on Forex Volume Analysis.Can somebody please help me out with that?

 

[St.Sarah]

I am using 2-3 pairs, it is enough for me))

 

[humie]

i m trading in 3 -5 pairs at a time and i gain a lot of experience and money.

 

[Jack Francisco]

For me the best pairs are GBPCHF, EURUSD, USDJPY AND EURGBP. I am sure these are the best pairs to follow and trade

 

[Enzzo]

Hi,

I trade all the majors + some other instruments, but as they are very much correlated.... one at a time, or spreading the total risk between them...
It very much depends on the time scope you will be looking at them, as smaller tf's won't allow to look to many pairs, the same that higher tf's will do....
Knowing one market (pair) back and forth by only focusing on it, and its own characteristics can be very helpful as well, to trade successfully....