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How to Choose a Forex Pair

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choosing a forex pair must be in accordance with our abilities, do not use money pairs that are difficult to predict such as gold because it is clear that you will find it difficult to analyze so use mudsh currency pairs for your children
#976 - September 27, 2021, 07:50:36 AM

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To choose a currency, of course, there are many ways that we can do. but for beginners it is highly recommended to choose a major currency such as EURUSD, GBPUSD and others, because this has quite an effect on psychology.
#977 - September 27, 2021, 10:54:28 AM

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Analyzing by range is something I've used so far because in my opinion a good currency pair is one that has a clear range and is always the same with a clear trend as well.
#978 - September 27, 2021, 11:16:50 PM

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choosing a good currency pair is a currency that is trending or in the direction of a long period of time so make sure what you use is correct and clear
#979 - September 30, 2021, 02:22:00 AM

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detect or analyze currency pairs easily by using price ranges because when you use the distance between the top price and the bottom price you will be able to find the middle you can use Fibonacci
#980 - September 30, 2021, 05:14:38 AM

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analyzing it is best to use based on the price range because indeed by using the price range we will know how to go between the top and bottom and can't find a middle way as used in the Fibonacci tool
#981 - October 05, 2021, 10:56:54 PM

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You can choose based on what is based on range or based on volatility. It's all up to you. The most important thing is when you analyze a currency pair, make sure the currency pair has a clear direction.
#982 - October 06, 2021, 06:18:48 AM

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choosing a currency pair we should determine in a way how our trading character. if we like trading by scalping maybe GBPUSD is the right choice.
#983 - October 06, 2021, 06:20:45 AM

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choosing a currency pair should not be arbitrary, don't just click buy or sell, choose it first and analyze which one is good for you based on the trend range or indicator signal
#984 - October 09, 2021, 03:05:44 AM

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there are many ways that can be used to choose a good currency pair you can choose one of the three things you can choose a currency pair based on its volatility you can choose based on the news or you can choose based on the distance between the top and bottom
#985 - October 10, 2021, 06:12:13 AM

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You can choose a currency pair depending on the volatility or from the news or from the prices between high and low so you can choose to do it the right way according to your heart's desire
#986 - October 11, 2021, 05:41:42 AM

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Usually I will choose a major pair because the major pair has a thin spread. I think this also applies to beginners.
#987 - October 11, 2021, 02:31:04 PM

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analyzing it is better to use volatility because by using volatility we will get convenience in analyzing a currency pair
#988 - October 13, 2021, 10:38:27 AM

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If I prefer to choose a currency pair based on its volatility because I think that volatility is very important when there is a currency pair with a large enough volume then I will enter the market
#989 - October 14, 2021, 06:53:53 AM

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usually I love to analyze using volatility and distance because in my opinion when we use this tool we can find out how much volatility the chart is running on the currency pair and we have to know based on the range
#990 - October 15, 2021, 06:42:53 AM

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