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How to Choose a Forex Pair in Forex Education_68922e7c602bf

How to Choose a Forex Pair

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Choosing a good forex pair must be done carefully because if one chooses a pair we will have difficulty understanding the character and the results are also not good for the analysis and also the profit targte that we have set.
#916 - January 20, 2020, 02:21:43 AM

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Choosing a forex pair should not be done hastily and haphazardly but it must also be done with discipline because it takes a relatively long time in understanding the character of a pair until we master it and feel comfortable.
#917 - January 20, 2020, 05:28:03 AM

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I don't have much experience about how to choose a good pair because I used to directly practice trading using an Eurusd pair and immediately felt comfortable and until now I most often trade on that pair.
#918 - January 21, 2020, 08:31:41 AM

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When I choose a pair usually the first thing I consider is about the character of the pair and the range. I consider pairs with a small range will be suitable for beginners compared to pairs that are too volatile and large.
#919 - January 29, 2020, 08:10:43 AM

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I prefer to use AUD / USD pair because the pair has firm characteristics, if it has formed a trend then it will be strong and difficult to reverse, but please be careful if the pair has reversed so that it is not against it.
#920 - January 29, 2020, 04:07:43 PM

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How to Choose a Forex Pair in Forex Education_6803a6c52eb12
#921 - Today at 05:56:48 PM

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Choosing pairs that are suitable not only randomly or based on feeling, but we must really experiment with various pairs so that we can find pairs that match our style and character.
#921 - February 02, 2020, 04:15:06 PM

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from me personally, it's better to choose a major pair daulu before we choose another pair or cross pair because the major pairs are the most volatile and widely used by various traders in all circles.
#922 - February 02, 2020, 04:39:08 PM

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If I immediately choose a pair with characteristics that are not too volatile so that I can explore freely, especially in placing stop loss so that it is not often exposed.
#923 - February 02, 2020, 05:18:21 PM

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in choosing a good forex pair, we should look for some references, although the practice itself will be much better, my advice starts from the major pairs and not too many pairs analyzed, just 2-3 pairs to practice.
#924 - February 13, 2020, 09:30:34 PM

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choosing a suitable pair must be with an understanding of the pair itself, if you don't have information about what pair you can ask for recommendations from experienced traders.
#925 - February 16, 2020, 03:20:23 AM

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so that we can choose a suitable forex pair we should follow what we want because every trader has a different understanding of the character of a pair so the choice is in our hands.
#926 - May 19, 2020, 07:20:09 PM

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choosing a suitable forex pair must be by trial and error just as we build a trading system where we have to choose the right one that suits our character and trading style so that we can easily understand the character of the pair.
#927 - June 02, 2020, 05:53:35 AM

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if I do not need complicated thinking in choosing a pair, it is quite simple to find pair recommendations from experienced traders so that they will explain the character of a pair and we follow their advice.
#928 - June 03, 2020, 10:53:20 AM

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you should choose a major pair first because the pair is most often used and the volatility is high so it is easier for us to learn the character, cross pairs are usually only as an extra even though there is a cross pair whose volatility is very high equivalent to the major pair.
#929 - June 03, 2020, 12:51:52 PM

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choosing a good pair must be serious and also if possible we can ask for recommendations from successful traders in order to save time in choosing a pair because choosing a pair must also be with a lot of consideration and trial error
#930 - June 04, 2020, 07:19:59 PM

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