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What Pairs Do You Trade?

June 29, 2009 (Last updated on May 18, 2017) by

My own experience suggests that the majority of the traders usually trade on two or three preferred Forex pairs, which usually include EUR/USD, GBP/USD, and USD/JPY, while not too many go into other major crosses, with an extremely low number of traders touching something exotic like USD/BRL or NZD/CHF.

In Forex, nearly all currency pairs are interconnected and there is little real diversification possible compared to how the things are in stock markets.

Some professional traders always insist on concentrating only on one pair. Others vow by doing as many as you can (or as many as your broker offers). Both points of view have their advantages and disadvantages. What is important to understand is that not all currency pairs are equal — they differ in liquidity, spreads, volatility, active trading hours, fundamental factors, major traders, and so on.

I like to find opportunities in all the pairs provided by my broker unless their spreads are too wide. What currency pairs do you prefer to trade? In this poll, you can select multiple answers if you trade on more than one currency pair.

What currency pairs do you trade?

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If you want to share your thoughts on the relation between the currency pairs used in trading and the Forex trader’s success, please feel free to reply using the form below.

One Response to “What Pairs Do You Trade?”

  1. William

    Good survey poll!!! I trade in EUR/USD and USD/JPY. I find it easy to follow. Sometimes I also trade in USD/INR.
    Thanks :)

    Reply

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