Best currency pair to trade during the day

Discussion in 'Forex' started by nwoptions, Dec 16, 2020.

  1. Vettel5

    Vettel5

    Which is the best currency pair to trade during the day with lower market volatility?
     
    #51     Sep 28, 2021
  2. AUDUSD for me
     
    #52     Sep 28, 2021
  3. Chuckle

    Chuckle

    Based on the latest analytical reviews from the broker amarket, I can say that for me now working with CND / USD is quite promising
     
    #53     Oct 4, 2021
  4. noframe

    noframe

    EUR/USD is the best pair to trade because of it possesses great liquidity and tight spreads due to huge trading volume.
     
    #54     Oct 7, 2021
  5. I think EUR/USD and GBP/USD are the best pairs for day traders because spreads are generally low on these pairs.
     
    #55     Oct 7, 2021
  6. Kalanim

    Kalanim

    I still think that it is better to trade EURUSD. I know that the volatility decreases during some period of time, but still it is one of the most liquid currency pairs on the market.
    However, if you want to have huge volatility 24/7, i'd recommend you start trading cryptocurrencies. FIrst of all, they are traded 24/7, so there will be no periods of doing nothing for you. You will always have the opportunities to make profits. Second of all, cryptos are much more volatile than traditional currencies. It means that you can earn big, or at least bigger than trading forex. However, you should bear in mind the fact that volatility not always implies liquidity. If you trade forex, you can see this trading minors. So, I recommend you trading some popular cryptos like btc or ethereum in order to have the possibility to close the deal in short time period.
    You should know that cryptos are different from traditional currencies, so you need to learn this financial instrument and study it very attentively, otherwise the volatility may kill your budget.
     
    #56     Oct 7, 2021
  7. I prefer more fluctuations for scalping, so I play around most of the time with USDJPY , pays off well when the market is volatile.
     
    #57     Oct 8, 2021
  8. socool

    socool

    Agreed. Also I think EURGBP is another good pair to make profit.
     
    #58     Oct 14, 2021
    Andrew_87 likes this.
  9. Andrew_87

    Andrew_87

    I like EURGBP a lot for trading. Nice level of volatility.
     
    #59     Oct 14, 2021
  10. I prefer EUR/USD
     
    #60     Aug 3, 2022