Currency Pairs
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Thread: Currency Pairs

  1. #1
    Join Date
    Jan 2012
    Location
    UK
    Posts
    989

    Default Currency Pairs

    Heya guys im in the UK, an trying to figure out what currency pairs will be best to trade London, UK times (GMT+0).



    • GBP/CHF
    • GBP/JPY
    • USD/CHF
    • GBP/USD
    • USD/CAD (Lower Risk - Safer)

    Do these sound good? or should i just stick to EUR/USD and GBP/USD until 12.00 UK time ?

    Thanks

  2. #2
    Join Date
    May 2009
    Posts
    2,945
    Doesn't really matter which pairs (aside from spread if scalping) you opt for more important is when and where you enter. However, whichever you choose its worth keeping up EU as this is by far the most heavily traded cross and in consequence has an effect on the others. Hope this helps.

  3. #3
    Join Date
    Dec 2011
    Location
    Germany
    Posts
    997
    Apart from the fact that EURUSD isn't a cross but a major, I agree with R Carter: the important things are entry/exit times, not pairs.

    If you like strong movement, go for GBPJPY, as it's the pair with the largest ADR, followed by EURUSD.

    O.

  4. #4
    Join Date
    May 2009
    Posts
    2,945
    Quote Originally Posted by Oliver1968 View Post
    Apart from the fact that EURUSD isn't a cross but a major, I agree
    My apologies... most heavily traded 'pair' LOL!!!

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