Your favorite trading pairs!!!
- Thread starter HeeraThakur
- Start date
- Watchers 45
My fav pairs...BIS triennial most traded seven ccy's against each other in top down order that's how I ve organised the pairs. I avoid CNY, NZD and Scandies
Good to see you on T2W MacroBeat excellent blog.
Good to see you on T2W MacroBeat excellent blog.
Thanks a lot for that , i obviously can only show about 1% of what i do on my blog due to having subscribers and hence cannot offer too much of free content but my 2 cent piece is always out there where i share my broader views... in terms of FX pairs... yes i dont trade a lot of NZD, as i am more of a macro guy and there is jsut not enough information out there in NZD so tend to avoid that.. CNY and CNH... no real point as you need too much capital and have larger positions to make the money count but of course it did ahve a nice move in the last few months ... i trade every USD pair and every cross pair and cross of crosses as well... standard stuff EUR,AUD,JPY,GBP,CHF,CAD vs the USD.. AUDJPY CADJPY EURAUD EURCAD EURGBP EURCHF EURSEK EURNOK AND THEN THE CROSS OF CROSSES TOO AUDCAD AUDNZD NOKSEK keeps me busy haha
I always try to trade EURUSD as priority then work way down to CHFJPY.
But I have been thinking about applying a macro analysis to select pair as well/Also select based on 3M option Vol (trading highest vol ccy's first) has worked well.
If I remember correctly you were forecasting the USD needed to fall and EUR rally to save the world during the dash for cash, that turned out to be correct. Its getting risky what with some of the stats on optimism in the equity mkts and short USD is consensus like never before. I may subscribe in the future as macro is key to the FX pairs that we trade.
But I have been thinking about applying a macro analysis to select pair as well/Also select based on 3M option Vol (trading highest vol ccy's first) has worked well.
If I remember correctly you were forecasting the USD needed to fall and EUR rally to save the world during the dash for cash, that turned out to be correct. Its getting risky what with some of the stats on optimism in the equity mkts and short USD is consensus like never before. I may subscribe in the future as macro is key to the FX pairs that we trade.
yes that is correct... 2020 i was very bearish USD post March 2020... as of the start of 2021.. my bias is USD dip buy again... been selling EURUSD up there at the start of the year but for now i trade more than stale risk... think it is too early to have stale USD longs... BUT i do NOT subscribe to the 2021 USD sell, i feel that is wrong. the Taper tantrum started a lot earlier than we did expect and as much as it got a bit quieter, i feel the taper tantrum will be with us most of the year, especially if we get another 1.9trln of stimulus on top of the 900 bio from Dec, while the FED has only had 1 trln of stimulus in their economic projection.. so FED is done in my view... and if i look at inflation expectations from the FED vs the ECB, i have no doubt where EURUSD will eventually head during 2021.. but as i said.. early 2021 maybe not yet the time to go mental.. but i am a USD dip buyer on balance for trading purpose
My favorite pair is EURUSD i prefer trading with them because it is a combination of two biggest economies in the world currently and it is volatile during live trades.
Currently do not have a favourite pair but looking to know if EURUSD is a good and volatile currency to trade for beginners?
it is a good pair for a beginner really as it has some volatility but not too much as the last thing you want is a too volatile pair while you try to get used to FX
