Heya guys im in the UK, an trying to figure out what currency pairs will be best to trade London, UK times (GMT+0).
• 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 ?
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.
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.
My apologies... most heavily traded '
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