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Learn About the Currencies You Trade

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Mochira

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The selection of currencies must be selective, look for currencies that have money opportunities to make profits, look at the signal indicators used and look for opportunities.
#61 - July 09, 2020, 05:49:29 AM

Genic08AD

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currencies do correlate with each other because of the interbank market or what is often called the interbank market, this function serves for trade between countries, especially export and import activities.
#62 - July 09, 2020, 07:23:10 AM

Geographic

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Currency correlations affect each other, this condition must be understood by traders because everything is interconnected, traders can take advantage to get profit from changes and currency correlations.
#63 - July 14, 2020, 03:37:44 AM

miqbal79

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analyzing by analyzing price correlations between pairs and between currencies is indeed quite interesting and good to apply but we must know the limits of what affects these correlation relationships.
#64 - July 15, 2020, 10:02:06 AM

FzFx

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currencies that we often trade of course we must know the characteristics and character so that we can see opportunities at the same time see the correlation between pairs to confirm the analysis that we do with technical indicators.
#65 - July 30, 2020, 04:49:45 AM

Widiaty Syahnazia

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Currencies are all different, from prices, spreads, conditions, characteristics of movements etc.
For a trade it's better to trade a few pairs to be more focused and know the best opportunities.
#66 - August 02, 2020, 01:33:07 PM

Miracle Fx

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The currency that will be traded should be analyzed first, whether the currency to be chosen has a chance or not.
Also pay attention to the correlation between pairs in the analysis to be more convincing when choosing the currency to use.
#67 - August 26, 2020, 11:30:41 AM

Forexin

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Before deciding to choose a currency / pair to trade, you should really know what the characteristics of the pair are, sooner or later.
Like Eur / Usd which tends to be stable, Gbp / Usd a fairly high trade or GOLD with a strong market.
Also know about the contract size, spread, trend, pair correlation, etc.
This knowledge will be very helpful for us to trade well
#68 - August 26, 2020, 02:42:13 PM

Rizky_Rizal46

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learning about pair correlation between currencies is quite important, especially fundamental traders who also observe technical price movements so that we can take advantage of pair correlation properly.
#69 - September 02, 2020, 03:10:33 PM

Billy Atkinson

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if a trader is able to identify the correlation between pairs it will be easier to take transactions or be able to do hedging strategies between pairs.
#70 - September 03, 2020, 07:00:09 AM

Kapoor

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studying currency correlation is interesting and quite helpful because pair correlation will be an accurate indicator of trading.
#71 - September 03, 2020, 08:31:48 AM

Jajami

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In certain situations there is fundamental news that affects currencies.
It is very necessary to study currencies in many ways, study transaction volume, characters, news, pair comparisons etc.
#72 - September 07, 2020, 02:21:26 PM

Antonio

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There are many types of currency for trading, between pairs or certain currencies, it would be better if you first learned about the good areas for trading or the currency criteria.
The more we care about everything in forex, the more it will help with good trading results.
#73 - October 13, 2020, 04:12:02 PM

Miracle Fx

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Of course, world currencies are different and we have to study the changes in prices and their movements as well as analyze, so that there should be no mistake in determining the direction of the market and also the lots used in certain pairs, so that we can anticipate from a risk perspective too.
#74 - April 15, 2021, 12:30:27 PM

Hayatiku99

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I usually trade in EURUSD and GBPUSD because these two pairs are easy to learn and the fundamentals are also easy to find.
#75 - June 27, 2021, 12:47:39 PM
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