Which currency are you trading? - EUR/USD/AUD/JPY?

shriekpurser · Jan 22, 2021

tedmos38 said:
Yes the prices are down, though the investors were expecting some recovery

Even with GBPUSD, been the worst among all. And this despite the stocks going up.

Williamharvard · Jan 22, 2021

Williamharvard said:
Best time to trade would depend on a lot of factors, the trading style adopted is one. As a day trader, for me anything before 8 in the evening works. After that till upto 7 in the morning there’s not much pips movement.

I’m finding XAUUSD too as a good prospect. Entering when prices are going up and selling at a previous high (or the other way round) is much predictable here. Using 20x leverage on fxview and xtb for trading this one. I have recently started diversifying my portfolio, with BTC even.

tedmos38 · Jan 22, 2021

shriekpurser said:
Even with GBPUSD, been the worst among all. And this despite the stocks going up.

David.E · Jan 23, 2021

Travis1088 said:
I currently trade with EURUSD the results are good but looking for another alternate currency pair with London timing any recommendations?

I would recommend trade with GBPUSD or USDJPY; these pairs usually seem to have the tightest spread to bring in potentially higher profits.

scadderoccasional · Jan 25, 2021

You’re right @Williamharvard! Profitable too! Between 1 and 5 is my favourite time for trading yellow metal.

shriekpurser · Jan 25, 2021

scadderoccasional said:
You’re right @Williamharvard! Profitable too! Between 1 and 5 is my favourite time for trading yellow metal.

That’s the NY / EUR overlap time?

shriekpurser · Jan 25, 2021

David.E said:
I would recommend trade with GBPUSD or USDJPY; these pairs usually seem to have the tightest spread to bring in potentially higher profits.

NZD has been in the talks for a while now. It’s the second highest it’s been, trading at just a few pips below 0.7317. Could be something to consider!

scadderoccasional · Jan 27, 2021

shriekpurser said:
That’s the NY / EUR overlap time?

Yeah,and if you’re interested, my advice would be to NEVER trade when New York’s closed!

tedmos38 · Jan 27, 2021

David.E said:
I would recommend trade with GBPUSD or USDJPY; these pairs usually seem to have the tightest spread to bring in potentially higher profits.

Yes, the spreads are really good for these pairs !

thursday · Jan 28, 2021

Most of the major pairs. Sometimes exotic pairs are fun to trade.