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Every pair has its own specific characteristics | Myfxbook
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Yes, every pair is different and has some quality that might not be in other pairs. There are some specific characteristics associated with certain pairs.
Jan 05 2021 at 09:10
Biedrs kopš   19 ieraksti
That’s true. Every pair is different and has a different value and characteristics. They keep changing with the market due to high volatility.
Feb 04 2021 at 14:33
Biedrs kopš   128 ieraksti
On Forex, currency pairs are subject to a single rule - only two monetary units are always involved in trading, one is bought, the other is sold.
Feb 17 2021 at 12:16
Biedrs kopš   133 ieraksti
It’s true that every currency pair has its own specific characteristics. It is very important to have an in-depth knowledge of the currency pair you are trading. My favourite currency pair is EUR/USD.
Feb 18 2021 at 11:59
Biedrs kopš   128 ieraksti
In order not to go to bed and not make mistakes, before taking a currency pair for trading, you need to study its specific nature.
Feb 23 2021 at 08:44
Biedrs kopš   35 ieraksti
It is very important to understand the characteristics of the currency pair you want to trade in. Higher the knowledge of the currency pair, more are the chances of consistent profits.
Feb 23 2021 at 09:10
Biedrs kopš   95 ieraksti
All couples have their own individual characteristics. And the trader needs to find them and use them in his trading strategy. But it is important to understand that the features of currency pairs change periodically, like the market itself. This is a feature of trade. You should always be in the loop and see these processes.
Feb 23 2021 at 09:39
Biedrs kopš   102 ieraksti
Yes every currency pairs has its own characteristic. You are not meant to trade in all of them, you can just pick one and read that analysis and start trading with that pair
Feb 23 2021 at 09:44
Biedrs kopš   6 ieraksti
All pairs have their own characteristics. I chose myself NZD\USD. This is a currency pair with which I get good trading results.
Feb 23 2021 at 13:29
Biedrs kopš   330 ieraksti
New traders should be very careful about picking the trading methods. Every trader has different qualities. So, it is very important to choose the best trading method according to his area of abilities.
Feb 23 2021 at 17:46
Biedrs kopš   825 ieraksti
All pairs have their own characteristics. I chose myself NZD\USD. This is a currency pair with which I get good trading results.
I prefer EURUSD. I have good understanding regarding his pair.
Mar 06 2021 at 10:10
Biedrs kopš   330 ieraksti
It is never possible to make a profit by trading emotions. However, if money management and risk rewards are not used properly, there can be many problems. And it is very difficult to make a consistent profit without a deposit. Discipline must be maintained in every case.
Mar 19 2021 at 13:22
Biedrs kopš   3 ieraksti
It is never possible to make a profit by trading emotions. However, if money management and risk rewards are not used properly, there can be many problems. And it is very difficult to make a consistent profit without a deposit. Discipline must be maintained in every case.
How much amount should I deposit to start forex trading?
Mar 20 2021 at 04:53
Biedrs kopš   18 ieraksti
It is never possible to make a profit by trading emotions. However, if money management and risk rewards are not used properly, there can be many problems. And it is very difficult to make a consistent profit without a deposit. Discipline must be maintained in every case.
How much amount should I deposit to start forex trading?
That varies from broker to broker. There are few who would allow you to open an account with a $50 deposit while others won’t charge a bit. I’d suggest not to go for the 2nd option at all if you find any.
Mar 20 2021 at 11:53
Biedrs kopš   298 ieraksti
Best pair is what you understand the most. Every pair has its own unique pattern whether we understand it or not. To find that we need to observe that pair for long time. I personally find GBPUSD comfortable. It doesn't mean you have to like it.
Mar 20 2021 at 15:51
Biedrs kopš   788 ieraksti
Each pair has an interesting movement. The movement of each pair is different. So I must have an idea about the pair in which I will trade.
Mar 21 2021 at 10:16
Biedrs kopš   18 ieraksti
It is never possible to make a profit by trading emotions. However, if money management and risk rewards are not used properly, there can be many problems. And it is very difficult to make a consistent profit without a deposit. Discipline must be maintained in every case.
How much amount should I deposit to start forex trading?
That varies from broker to broker. There are few who would allow you to open an account with a $50 deposit while others won’t charge a bit. I’d suggest not to go for the 2nd option at all if you find any.
Just because you can start with as little as $50 doesn’t mean you shouldn’t go with a higher amount right? Where’s the fun in playing safe?
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
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