My favorite currency pair is the major pair, because the major spread pairs are small . But the major pairs that I like the most are GBPUSD, EURUSD, AUDUSD, and USDJPY. Meanwhile, other major pairs that I don't like are NZDUSD, USDCAD, and USDCHF. The reason is, GU, EU, AU, and UJ have good volatility, while the rest often can't guess when there will be good volatility and often winds of volatility. The advantage of major pairs is in the spread so I prioritize making analysis on major pairs.
Yes, indeed in the world of trading pairs that traders can trade, there are a lot of people who only focus on one pair and some are multi-pair, I think back to comfort in trading itself if for some time trading certain pairs To be able to bring profit consistently, this will certainly be continued, now I myself prefer the character of a pair that has a more aggressive daily movement, namely XAUUSD.
• XAUUSD daily movement can be hundreds of pips, even once every two weeks a day can be 1000 pips, normally for now XAUUSD averages 300 pips per day.
• The side of the possibility to lose and gain quickly can be known more quickly so the daily target is often met very quickly even though in just one trade on the same day, XAUUSD can basically make profits and losses quickly.
• The margin used for XAUUSD is more, this is very worth the profit target opportunity that can be generated so trading in other pairs is not very interested for me personally.
• The most important thing is XAUUSD for me because it fits perfectly with the trading character that I use to make entry breakouts and also fullbacks, in literature the trend is very thick with nuances of supply-demand and support resistance.
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