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What factors should be considered when choosing currency pairs to trade? - Printable Version

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What factors should be considered when choosing currency pairs to trade? - deucher - 01-24-2024

When I first started trading, I thought that the more currency pairs I have, the sooner I will be able to find the moment and the entry point, but it was only worse because all the situations were mixed up and in the end I just entered at the wrong time. As for me, it is necessary to choose the most popular pairs, as well as gold. And you don't need to choose pairs with the same currency because they will have very similar charts. and what are your thoughts on this?