Which pairs are your least favorite to trade? And why?

Sep 27, 2020 at 03:51
Vues 4,891
80 Replies
Membre depuis Jul 27, 2020   posts 103
Sep 27, 2020 at 03:51
Just like I mentioned in the title. Looking forward to hear some opinions.
Membre depuis Oct 05, 2020   posts 65
Oct 12, 2020 at 09:49
Some of the currency pairs are very difficult to trade and are the least favored by traders. EUR/CHF and EUR/TRF might be the most troublesome pairs and it is better to avoid dealing in them.
Membre depuis Feb 22, 2011   posts 4862
Oct 12, 2020 at 09:57
Exotic ones with high spreads
Membre depuis Jun 01, 2020   posts 55
Oct 12, 2020 at 11:39
I try to stay away from the exotic pairs because they are not much liquid.
Membre depuis Jun 09, 2020   posts 36
Oct 13, 2020 at 05:55
Currently GBP/EUR, absolutely unpredictable at the moment.
Membre depuis Jul 20, 2020   posts 341
Dec 07, 2020 at 12:16
My favorite pair is EURUSD. It gives me a lot of profit and it is easy to predict.
Membre depuis Apr 01, 2020   posts 231
Dec 08, 2020 at 09:02
EUR/USD is my favorite pair of currency because it is least volatile.
Membre depuis Dec 05, 2020   posts 81
Dec 09, 2020 at 06:29
I dont prefer the Exotic Pairs.
Membre depuis Jul 19, 2020   posts 318
Dec 10, 2020 at 07:49
There are some critical pairs which I dislike most. I face a lot of problems top trade with them.
forex_trader_1983341
Membre depuis Oct 21, 2020   posts 35
Dec 12, 2020 at 18:51
I don't seem to have success with CHF/JPY.
Membre depuis Jul 22, 2019   posts 17
Jan 05, 2021 at 10:58
USD pairs are worth it always. apart from them, i think CHFJPY has been good to me too.
Membre depuis Mar 03, 2020   posts 7
Jan 06, 2021 at 10:20
I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.
Membre depuis Dec 16, 2020   posts 23
Jan 07, 2021 at 05:07
posted:
I don't seem to have success with CHF/JPY.
I never did.
Membre depuis Dec 05, 2020   posts 81
Jan 07, 2021 at 07:01
jasonmark409 posted:
Probably some exotic pairs. I haven’t had a good experience with those even though they can be profitable at times.
Same with me, prefer staying away from them.
Membre depuis Oct 09, 2020   posts 28
Jan 21, 2021 at 03:58
Mariel23134 posted:
I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.
Absolutely I agree with you that EUR/USD is the easiest pair for anyone trading in forex. It is not complex and heavily liquid which is a plus. I think traders should use common pairs of trading initially.
Membre depuis Jan 07, 2021   posts 23
Jan 21, 2021 at 10:04
EUR/USD is my favorite. Don't really have a worst.
Membre depuis Dec 28, 2020   posts 187
Jan 21, 2021 at 10:17
I mostly prefer major pairs like EUR USD and EUR GBP as they are the most stable currency pair, and I have not traded exotic pairs ever.
Membre depuis Oct 26, 2020   posts 33
Jan 21, 2021 at 10:55
Breonnataylor posted:
Mariel23134 posted:
I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.
Absolutely I agree with you that EUR/USD is the easiest pair for anyone trading in forex. It is not complex and heavily liquid which is a plus. I think traders should use common pairs of trading initially.
No doubt EUR/USD are the most easiest pairs of trading but I think after some time a trader should invest his/her time to learn about the exotic forex pairs like ZAR/USD because they hold more profit potential. When the major pairs are stagnated or not providing profits, exotic pairs can come to the rescue.
Membre depuis Jun 30, 2020   posts 47
Jan 21, 2021 at 12:56
sailingconsist posted:
Breonnataylor posted:
Mariel23134 posted:
I prefer to trade USD EUR. In my opinion, this is the most understandable and predictable pair.
Absolutely I agree with you that EUR/USD is the easiest pair for anyone trading in forex. It is not complex and heavily liquid which is a plus. I think traders should use common pairs of trading initially.
No doubt EUR/USD are the most easiest pairs of trading but I think after some time a trader should invest his/her time to learn about the exotic forex pairs like ZAR/USD because they hold more profit potential. When the major pairs are stagnated or not providing profits, exotic pairs can come to the rescue.
When the spreads get huge according to my time zone, trading gets very unprofitable. So I totally agree with you that exotic pairs can be very useful in these tricky situations. I also trade other pairs as well like the major pairs like GBP/USD and EUR/USD, depending on the time I’m trading in. That’s why I use brokers with lower swap/rollover rates and spreads at all times. Currently using Fxview and IB, which ones are you using?
Membre depuis Oct 26, 2020   posts 33
Jan 22, 2021 at 11:43
Marshalsam877 posted:
There are other popular pairs apart from USD/EUR for trading like AUD/CAD,USD/JPY, USD/GBP etc. which are worth exploring. Newbies shouldn’t venture outside this zone.
Absolutely. Exotic pair trading should not be undertaken by people with less experience because as the chance for the profit increases, the same is the risk for loss. It’s always better to balance out. In fact that’s why I am using an assortment of brokers ranging from Pepperstone to Fxview because this helps me in better risk management. Multiple brokers and multiple currencies is my strategy.
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