Hello there! Since you are really helpful, I've got another question for you I know that all people are trading EURUSD / Most are trading USDJPY. But please introduce other pairs that you are trading and you find them well! P.S= Please mention their characteristics as well! Thanks in advance.
USD/CAD, AUD/USD, NZD/USD, pairs involving countries with resource economies against the USD. At time they could be quite volatile because their economy is relatively small and is relatively more dependent on the resources that they produce that has price set by the world market and by the countries themselves. And volatility = larger price movement = profit. GBP/USD is another pair that I traded. It's a close proxy to EUR/USD and again more volatile than EUR/USD. I have also traded crosses like CAD/JPY, another pair with good movement.
Well, I will suggest you to trade USD/CHF! As you might know the Swiss franc is considered a safe-haven currency, meaning that it tends to appreciate in value during times of economic or political uncertainty! Also you can't find high-volatility here which might be a good news to you! Give it a shot )
Well i suggest you during the seasions period according to it choose pairs on it so it much helpfull. In my condition I mostly trade USDCAD,USDJPY,USDCHF,GBPUSD,EURUSD. Bcz on my free time these pairs are most beneficial for me.