Top ten currency pairs that give you most profit?

Azlan00IM

Private
Messages
33
Currently, I'm using demo account. I used several pairs, but I'm not sure if all of them profitable. The most profitable one for me so far is GBPJPY. I want to know, what is the top ten most profitable currency pairs?
 
Next week, you'll probably be able to add the EUR/Drachma and USA/Drachma to your list of favorite trading pairs. :D
 
Currently, I'm using demo account. I used several pairs, but I'm not sure if all of them profitable. The most profitable one for me so far is GBPJPY. I want to know, what is the top ten most profitable currency pairs?

Profitability of an instruments depends on three factors: Liquidity, volatility and transaction costs. Volatility gives you necessary price fluctuations, liquidity eliminates the opportunity of getting slippage or spread widening on your orders and transaction costs increase profits or cut down losses. ( transaction costs are like an edge in the casino).
The pair which meets the factor above best I consider EUR/USD. But sometimes I also trade on exotic pairs such as USD/RUB because of their high dependency to fundamental news.
 
I don't trade currencies now, but before when i did, i found that USD/CAD reflects my trading style best. Different pairs have different behaviors. Find the one/ones that suit/s your style and trade them. No currency pair brings profits, nor losses. Your trading does.
 
No matter what pairs you trade with , the most importance you has know the habits of the pairs that you trade and always monitor any updating about pairs that want to trade , Please take care in your trade
 
Back
Top