Comments on: What's the easiest pair to trade? http://forexmagnates.com/whats-the-easiest-pair-to-trade/ Forex Magnates is the home of the Forex Elite providing up to date industry news coverage, commentary and scoops Fri, 10 Feb 2012 11:44:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: francisco gallego http://forexmagnates.com/whats-the-easiest-pair-to-trade/#comment-5044 francisco gallego Fri, 16 Oct 2009 17:58:18 +0000 http://forexmagnates.com/?p=2246#comment-5044 Hi, you are right, people sees smalest spreads are safer to trade, I think that is true, specially in the case of the scalpers, however, I think that there are softer pairs, e.g. not so volatile pairs such as, eur/usd, usd/chf and sometimes usd/jpy have most of the time the smallest standard daviation (size of the candle), therefore, if you choose to place a trade, given certain information (coherent to you) and it is late morning in GB and USA, and you see that the candle is 100 pips tall, you may take this as an additional info to place your trade, and stop, even your target (if you like to place them in any situation). It gets harder (at least for me) when you deal with a GBP/USD or CAD/JPY. The other thing that comes to my mind is that one must trade the pairs that have more information available (for the trader), e.g CAD/JPY is mostly about oil prices, because canada produces large quantities and Japan does not and imports almost 100%, on the other hand, this pair is normally very expensive (spread), so it is harder to make a good start. Hi, you are right, people sees smalest spreads are safer to trade, I think that is true, specially in the case of the scalpers, however, I think that there are softer pairs, e.g. not so volatile pairs such as, eur/usd, usd/chf and sometimes usd/jpy have most of the time the smallest standard daviation (size of the candle), therefore, if you choose to place a trade, given certain information (coherent to you) and it is late morning in GB and USA, and you see that the candle is 100 pips tall, you may take this as an additional info to place your trade, and stop, even your target (if you like to place them in any situation). It gets harder (at least for me) when you deal with a GBP/USD or CAD/JPY.

The other thing that comes to my mind is that one must trade the pairs that have more information available (for the trader), e.g CAD/JPY is mostly about oil prices, because canada produces large quantities and Japan does not and imports almost 100%, on the other hand, this pair is normally very expensive (spread), so it is harder to make a good start.

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