from my first day of trading i have been using EUR/USD due to its comfortable trading spreads, its really amazing
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Which currency are you trading? - EUR/USD/AUD/JPY?
- Thread starter shriekpurser
- Start date
EURUSD among other major currency pairs is volatile but if you ask me that’s the major con for traders. If not aware of the shifts, one could end up losing a potential amount.I recommend trading with EURUSD major currency pair since it is a widely traded currency pair by many traders and volatile in the market.
EUR/JPY seems to be on an uptrend. You think this rise is going to continue? As of now the 127.48 support seems to be intact.I mostly prefer to trader in EUR/USD pair of currency but also use EUR/JPY.
Yup, spreads with these are good.from my first day of trading i have been using EUR/USD due to its comfortable trading spreads, its really amazing
Yeah the low spreads add up to the end-of-day profits.I mostly prefer to trader in EUR/USD pair of currency but also use EUR/JPY.
Not really bud. The technical analysis these days is easier than before with the graph patterns and customized candlesticks indicators. I’ve actually seen the difference. I’ve recently also started using the Elliott wave analysis. Wrapping my head around it but so far, it’s quite neat.The bid-ask spreads and competitive forward rates are fairly attractive, but don’t forget you’re competing here against the sophisticated trading algorithms.
What’s Elliot Wave Analysis?Not really bud. The technical analysis these days is easier than before with the graph patterns and customized candlesticks indicators. I’ve actually seen the difference. I’ve recently also started using the Elliott wave analysis. Wrapping my head around it but so far, it’s quite neat.
It’s kind of a guideline that helps identify the trend on the time frame and suggest where you’ll be going wrong.What’s Elliot Wave Analysis?
I believe so. As of now, it’s 127.48 like you said and will go up till 130.92.EUR/JPY seems to be on an uptrend. You think this rise is going to continue? As of now the 127.48 support seems to be intact.