3 Steps to Choosing Best Currency Pairs to Trade in Forex 👍

[@ukspreadbetting]

👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money. 👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @). 👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰

[@robertrusso2212]

Forex have given me a great opportunity to experience good living

[@johnsonglad1728]

Forex trade has helped a lot of people it has been a source of financial aid to many people, the rich gets richer while the poor becomes rich

[@lucazanetti8168]

My trading is definetly GBP based. Over the time I came to a 3 charts setup: cable, gbp/jpy, usd/jpy. I would only trade cable but as you said, sometimes prices goes "flat" so when this happens, maybe the gbp/jpy is moving. Or even better, when happens gbp/jpy to be stuck simply means that cable and usd/jpy are going opposite ways. Love to check OIL from time to time and rare cases the usd/cad or other GBP crosses (cad, nzd, chf) but not that much in recent times.

[@blkmalepa]

I tend to watch the 28 pairs but focus on the currency that is moving and buy or sell it's crosses. Strongest vs weakest

[@user-ft4cg8yr9u]

I've been having trouble with focusing and the probability mindset. My idea to overcome this is to focus on two pairs with opposite correlation and to enter all valid setups to let the law of large numbers play out. I'm thinking AUDJPY and EURAUD so when one would be looking bullish, the other would be looking bearish. One might be choppy and not have the correct flow and structure and the other might be setting up nicely. When they are both choppy, stay out and wait for the correct structure. I trade 1min entries inline with the 5min direction so should be enough setups to make money in the long run.

[@mennokuipers5709]

This channel is a goldmine!

[@flex9678]

Appreciate the info then watching it from doing stocks and now I'm jumping into forex and trying to get as much information as possible so I appreciate it

[@darthforexvader7201]

Countries who are in opposite economic cycles should be your first thing to find out and be aware of- particuarly If there are no oppitunities currently presented to you with your preferred pair

[@muurish1]

I personally think the topic has been overlooked and the way you've brought it to light as made a difference to me and I hope it does the same for others. Fantastic channel..quick and to the point useful information 👍

[@floridahummer]

i use the 7 main pairs and a few minor's looking for setup's ie support resistance and trend lines

[@TalesOfHeilotia]

3 pairs mostly and oil+ gold

[@paulpeace6455]

5 pairs of forex & 3 commodity....

[@ntokozothungo3914]

you always on point and you don't waste time on useless things thank you be blessed.

[@Thetaleswithin]

This video is really very helpful. It clears my doubts. Thanks a lot.

[@DC-cz2sr]

The Dragon is the best pair! In my opinion but treat it with respect!

[@oswaldokatz2523]

I trade 34 currencies looking for trend following setups

[@SSEnrich]

Newbie question. Is it possible to switch around on the currencies and make it CHF/USD or USD/AUD? I know you can short. However. It seems easier to me just switch around.

[@Sokleng001]

One more that should be "AUDCAD"

[@Robert546]

What characteristics of a pair should I know about?

[@lucazanetti8168]

Guess you forgot about the loonie, maybe it ran away with the red pen. LOL.

[@hacker010010101]

PLEASE! Can there be any content on advanced trading? ANY? Only advice for the starters... I love trading but i want other people to share their strategies and ideas on the market not what is a pip, whats the difference between a quote and a base currency, what is the RSI tool etc.

[@ukspreadbetting]

There is already (and we will produce plenty more) of advanced material but we also need to cater for beginners and intermediate traders so will also continue producing 'starter' material as well. The best way to check our videos is to use the playlists where we sort them in separate sections. If there is any field you are particularly interested in feel free to let us know.

[@hacker010010101]

Thank you for answering. Your channel is the best channel about trading no questions asked, the content deserves 10x more views. With that out of the way I have seen the interviews which are pretty advanced but when it comes to a specific field then it would be really great if there are videos about how hedge funds trade for example or how experienced traders trade the market (not interviews but actually on charts).

[@omerabdalaziz8593]

i am going the videos suggestion , but it always attempting to go out there and find more opportunists

[@gtraghu17]

Useful information man. thanks God bless you

[@commentscorner617]

do they not all conflict with each other, as they all have usd in them? thanks

[@willk9847]

Thanks for the taking the time to make these

[@hassany6997]

What about the 3 steps?

[@kjpd-jkod5001]

two for me

[@Mark-kt3wi]

Hi Mark. Great videos as always One question. Is it better to trade more positions on a few markets or more positions over more markets??

[@ukspreadbetting]

Depends how much money you have in your trading account? But to specialise in a few markets is a good idea. See some of the videos here kzbin.infosearch?query=trade+one+market+or+multiple

[@Jumpchao150]

Have you thought about teaching the Kelly Criterion. It makes sure in order to use it that you have a trading system that must be execute consistently, the system must be thoroughly backtested in order to determine the probability of success which is needed in the equation, the stop and take profit perimeters be set before entering a trade and can not be altered during the trade, and because it determs the maxim amount of effective leverage in each position it makes it impossible to over leverage one position. The Criterion is adaptable to a large segment of trading systems, and is endorsed by an original market wizard. It truly does make trading an idiot-proof activity.

[@IgnizerTrading]

nice!