The pairs with less volatility in fact would be better for the new traders, that’s why exotic currencies (which don’t move much) are not advisable...
What do you have to say about GBP/USD, USD/JPY, and USD/CHF? I suppose these pairs make good options for London session since they have the...
See now that’s each the trader’s preference. I however would steer clear of the Canadian Dollar and a few other crosses like GBPAUD, EURAUD, and...
I second you here. Focusing on just one or two pairs suits day traders using 5 minutes charts but trading in the higher time frames will simply...
I actually do not find trading currencies very puzzling to be honest. Like if you trade only those pairs that are positively correlated (like I am...
One thing I’ve learned in my 5 years as a trader is to play safe and that’s the reason I went with EUR/USD. But lately I’ve started trading in...
Unbelievable! I actually created a demo account (with another email) after I have been live trading for almost 8 months. Being on these forums can...
I like trading forex but margin call is something I keep as my priority in risk management. The platforms like Oanda, Fxview, etc. have options...
But demos don’t really ensure safety, do they? If a broker is a scammer, testing their demos will not prove that. It is very risky to go with a...
What I do is I list out brokers into a category of weak and strong brokers. I read it somewhere about this method. This allows me to keep a check...
Checked across various platforms , lowest pips are on EUR/USD and GBP/USD, also if I'm not wrong they are easier to analyse as they are positively...
Yes I have read about Oanda being good with its pricing and the overall reputation seems solid.
It's always good if they are registered but I doubt if that's a compulsion.
Precisely why I chose to dabble in currencies rather than step foot in other markets.
I think I am gonna use leverage only now when my capital is low, with hopefully more to invest in the future I might not want to risk my money.
Would GBPJPY here be a minor currency pair? Does it mean that the leverage and spreads can take a backseat? Perhaps I should just start with EURUSD.
Ah! That makes sense, thanks a lot.!
Is there a particular indicator that you use? I am using RSI right now to predict overbought and sold pairs but many times get false signals. Pl help!
What are your recommendations on currency pairs in the present time? The ones I shortlisted - USD, EUR, JPY, AUD, CHF Heard CHF is under strict...
You cannot be correct with your judgements all the time. It’s difficult to make the right decisions every time.
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