Is the EUR/USD another popular pair with traders? Yes, its good and I think its got the highest turnover of any of the currency pairs, its got a history going back for a very long time before the Euro was created, people who backed systems use the Deutsche Mark against the Dollar and then there is history going back to 1971.
Could you tell us about the USD/JPY Well, the dollar/yen pair is very interesting to me. There is a lot of capital flowing into the safe haven and I really like the liquidity in this pair. I think it is the most traded pair after EUR/USD. When is the best time to trade USD/JPY? First of all, you have to know when there is the most liquidity, but I think the best time to trade the dollar against the yen is from 12:00 to 15:00 GMT. This is when the pair is most liquid and volatile.
What is the upshot of trading BTC/USD? You can take advantage of the volatility of the cryptocurrency market. And with proper risk management, you can make solid gains. DO YOU WANT TO TRADE?
Tell us about GBP/USD, known as the CABLE. So the pound is called the base currency and the dollar is called the secondary currency so if you get a rate of 1.25 for example it means its 1.25 of the secondary currency to buy one unit of the currency. The pound against the dollar and the euro against the dollar is the secondary currency.
Opening range breakout, a very simple technique for nearly anyone It is one of the easiest and most popular methods used by Forex traders, especially those who don’t have the opportunity to study the market for several hours every day.
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