Many forex trading techniques exist, but not all are suitable for every currency pair. Each currency pair has unique characteristics that require different approaches and strategies. It's important to understand the fundamentals and technical aspects of each currency pair and select a trading technique that's best suited for it. For example, some pairs are more volatile than others, while others may have strong correlations with other assets. Traders should also consider their own risk tolerance and preferred trading style when selecting a technique. By tailoring their techniques to the specific currency pair, traders can increase their chances of success in the market.
