Resolved Question
Watching one or two pairs at most is enough?
To aviod confusion is it wise to trade only one or two pairs when their markets are open? Otherwise confusion may cause bad trades.
5 months ago
Best Answer - Chosen by Asker
Well, there's nothing wrong in monitoring from time to time the movements of the 8 major currency pairs at the most. As you know, a good trading set-up is not always present in all of them at any given time. But of course, as you get more experience you may eventually focus on just one or two pairs. This is because you will eventually get to a point that you will gauge a pair's movement better than the others. So what you should do is to trade more in demo to get more experience. You'll find out eventually that you'll be more comfortable trading a particular pair or two.
5 months ago
Answers (1)
Clarification: Does watching all pairs for finding trade situations result in losing in the forex market?
5 months ago
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