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How to Choose a Forex Pair

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choosing a good forex pair is to adjust to our character.
#106 - June 09, 2019, 04:53:48 PM

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choose the right pair by doing practice in a real account so that you can more easily recognize pair characters.
#107 - June 09, 2019, 05:00:49 PM

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a good pair is a pair that matches our character and trading style.
#108 - June 09, 2019, 06:25:53 PM

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a good pair is a pair that matches our character and trading style.
#109 - June 09, 2019, 06:28:32 PM

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choosing a pair on forex can be easy or difficult depending on hard work and effort.
#110 - June 09, 2019, 06:31:44 PM

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choosing a pair in forex is better starting from the major pair first.
#111 - June 09, 2019, 07:25:17 PM

Kupleng

How to Choose a Forex Pair

In choosing a forex pair, you can use several criteria for consideration. The selection criteria for forex pair can be chosen based on price movements per day (range), the level of volatility, or the impact of the existence of fundamental news.

1. Based on Range Price range

is defined as the average price movement obtained from the difference between High and Low (High - Low) prices during a certain time period

2. Based on Volatility

Volatility is the amount of distance between the rise and fall of foreign exchange prices. High volatility means that prices go up high quickly then suddenly fall in quickly too, giving rise to a very large difference between the lowest price and the highest price at a time.

3. Based on News

As is well known, a news can cause considerable price volatility. In fact, news also has the potential to change trends in the short term, so many traders must speculate on a number of pairs. In such conditions, you are advised to look for other sources of information regarding the pair to be traded.
The selection of pairs with the three systems that you provide, is very good, will make the profit opportunity higher, so it's not just a strategy and analysis that determines profit. from the selection of a pair it must also be very noticeable.
#112 - June 11, 2019, 06:48:41 AM

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The selection of pairs with the three systems that you provide, is very good, will make the profit opportunity higher, so it's not just a strategy and analysis that determines profit. from the selection of a pair it must also be very noticeable.
This is what I applied from the past, the pair selection is not arbitrary, finding opportunities is something that must be done by smart traders.
#113 - June 11, 2019, 02:22:42 PM

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choosing the right pair can be done by trying to use one pair at a time, then it will find the pair that matches itself.
#114 - June 11, 2019, 04:41:43 PM

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Pair selection is very important for a trader to start a transaction. my advice choose a pair that has a large range.
#115 - June 11, 2019, 04:54:34 PM

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choosing a pair on forex is quite difficult, besides requiring a long time it will also be difficult to equalize the pair character with our trading character.
#116 - June 11, 2019, 06:50:21 PM

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I suggest choosing the major pair first because the character is easier to understand.
#117 - June 11, 2019, 07:45:41 PM

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Choosing a pair that matches our style and character must be patient and that takes time.
#118 - June 12, 2019, 04:01:38 AM

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My advice is that if you are a beginner, choose a pair that is small and safe like EUR / USD or USD / JPY
#119 - June 12, 2019, 08:33:58 AM

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choosing a good pair in trading is very important as we choose the life pair.
#120 - June 12, 2019, 10:13:29 PM

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