NVP - Forex Trading systems part 2

hey all just a quick update - the Moderators are tidying up my other thread after a run in with another member who should know better re what they did - once we have got rid of all the obscene posts from them and sorted out how i can ensure they do not have access to my thread again - I will be “live again” - thanks for your support on this …these things [B]are[/B] sent to try us at times :rolleyes:


how long is a piece of string ? :32:

the nature of the relationship between 2 currencies is heavily dependent on many things …Timeframe traded , timezone and naturally the news events , economic conditions in play at that time

not to mention things like the spread of course and you do have a very very complex mix of dynamics in play !

If we are discussing the G8 then heres my take

Currency 1 - would suggest the [B][U]USD[/U][/B] …solid , anchor currency , easily tradable all platforms , lowest spread for all pairs , carry trade pattern generally

then you have a tougher choice and it will mainly be dependent on your preference for risk vs return vs volatility , ATR etc etc …and again timeframe is a huge factor …

higher volatility pairings - GBP,Yen,CAD ,NZD
lower volatility pairings - EUR,AUD,CHF

hope this helps buddy …just my thoughts

the other thread will be back up live shortly …the decision has been for me to simply ignore the member(s) concerned who clearly have a problem with life given the multiple posts and obscenities they have placed on a number of popular threads here at babypips …

[B][U]my suspicion is a failed traders who cannot take responsibility for their poor results and instead of trying to resolve these things and improve they sit back and start to heckle traders who [B][U]are [/U][/B]trying to make a difference to themselves and also help other traders …[/U][/B]

happens more than you think in the Forum world…and just part of the mix

have a good weekend …i’ll load up a post Brexit week update when its back up …until then everyone by now knows how to contact me …