Is there Black Monday or Tuesday for anyone else ?

[Vaibhavi merchant]

Hello Guys,

I have lost $50 yesterday and $100 today with GBPUSD. Is there anyone else who lost money with GBPUSD ?

 

[Haley12]

I do not use GBPUSD. My pair is EUR/USD. Even I do not have any loss in last two days.

 

[Vaibhavi merchant]

I have decided that I have to stop with GBP/USD

 

[WalkieTalkie]

Hello Guys,

I have lost $50 yesterday and $100 today with GBPUSD. Is there anyone else who lost money with GBPUSD ?

yes, sharp market movement

 

[forexgirl00]

What do you think is the best pair out there to trade ?

 

[Enivid]

There's no best pair - each has its own conditions for making a good trade, but generally you want to trade some majors with low spread, like EUR/USD, GBP/USD, USD/JPY, USD/CHF, etc.

 

[Haley12]

What do you think is the best pair out there to trade ?

As Enivid said there is no best pair. One pair may be best for you but there is less chances that same pair would be best for all. Therefore most of the traders choose major currency pair means EUR/USD, GBP/USD etc.

 

[devis77]

I'm thinking for going safe and do a little USD/CHF, as vaibhabi said, GBP/USD it's like a tornado. No big losts but still ...

 

[Vaibhavi merchant]

What do you think is the best pair out there to trade ?

I am going to dealing in USD/CHF.

 

[Easy Trader]

The eur/usd is an almost exact quazi pair of the usd/chf so their is no real difference its the same chart flipped upside-down, gbp/usd is also practically the same as the eur/usd with some minor divergences now-a-days with EU zone news. aud/usd and the usd/cad are also pretty much quazi pair with divergences due to commodity correlations. AUD-Gold/CAD-Crude. When all is said and done if horrible news or policy change comes out of the US they all move together including the usd/jpy, in my personal preference and experience I only hold one trade out of the (eur,chf,gbp/usd) group or one trade for the (aud,cad/usd) group. So in my mind the majors are really only 3 groups, when you include jpy. I pick the best set-up out of the eur group and the best from the aud group.....and i hate the usd/jpy This keeps my exposure to the USD limited. On the same note, when I first started trading I was sold on the idea of a 24hr market place and was under the assumption that I could come home from work, open my platform and trade 'only' EU/USD 5-15min. In my experience this was far from the truth.

 

[mingbao]

Most of my time is spent in EURUSD, lately the market is not so clear so I decide not to trade in the market this week.

every currency pair had chances, in diffrent time range.

I also watch more for the trend of USDJPY, GBPUSD, and AUDUSD too.

actually I suggest you long AUDUSD in suitable time since there is a strong growth in its local market.