Monday, April 18, 2016

What currency pairs are most in demand in the market?


What currency pairs are most in demand in the market?

Earnings over the Internet for many people to become familiar and commonplace. One of them can be called a currency trading in the Forex market. People who understand what should be as soon as possible to join the general flow of the market and look at the tools in terms of trade. Currency pairs, differ and how, each individual trader to trade - the choice of each individual.

But first, you need to consider the important differences between currency pairs.

All currency pairs within the Forex market different properties. Volatility is present but small. The price level is not always stable - usually the price jumps a day to level up to 100 Puntov, but there are those where barely manage to achieve such a week. Fluctuations occur more intensively, whereby trade currency pairs and sold as the expected popularity, with a sufficient percentage of the volatility and signs of stability.

Identify the pair is easier - for a dollar. For example EUR / USD or USD / CAD and the like.

All couples have three properties - volatility, the spread and patterns of movement.

Now let a little steam on currency charts.

They tend to reflect each other with a "mirror" effect. Let's say a couple has been a clear increase, the other is markedly reduced. This is the opposites, but that this is the whole experience of stock trading on the currency market. Are identified convergence and divergence pairs in both directions, and it is possible to fix the revenue at the point of convergence.

If you look at how the currency is easier for beginners to start, you need to look at the time associated with the spread. Spread - the so-called commissions that come from traders make transactions directly to the broker. In pairs the dollar spread is low, stable and equal to three points. On the other pairs, this value is 5 or higher.

Next, go to the concept of "the definition of the spread."

At the time-to-market is important to be familiarized with the rules on the spread and tools. As it is profitable to do, without the risk of losing everything at once? It is easy enough - ASK value less cost bid. If it is not yet clear - you can use the same indicators with the help of which it turns out the price minus the original spread.

Next stop bit on the trade. Is it possible to carry out transactions directly with not one but several currencies? It is possible - but it is a separate question for each individual trader. Although the number of pairs depends on the initial and the final profit and, the deposit should be kept relatively intact and distribute it evenly between all pairs.

If the plans really big income, then you need to try as quickly as possible to increase and expand at a moderate pace and the initial capital to make its division on trade with different lots, but do not forget to pay attention to money management. Forex trade in general, in principle, can be called stable platform where, even when working with one pair can not be wrong often, but if it does happen, it should try to go to trade more stable currency.

And summing up all of the above it should be noted that newcomers to Forex trading are obliged to find yourself at least two currencies, but not more than three, and it is desirable that their indexes correlated to the dollar and have a minimum spread.

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