Sometimes I am open multiple pair on the chart, but most daily trading I like to trade in EURUSD and EURJPY, both pair has a correlation of movement although not the same for safe trading can use for hedging position
My favourite is EURUSD and other major pairs. The reason why I opt for major pairs is because they relatively have tighter spreads. I focus more on trading with tight spreads even if the commissions are a little high.
I stick to EUR and USD because they have always been the best pairs in all the time that I have traded. I tried other paris but he did not work out as I expected so I decided to revert back to the two.
I usually stick with the major pairs but I have been a little hesitant lately with the US election. I have been watching the movement on bitcoin but haven't been brave enough to get in on the action.
What do you expect from the market? I am still practicing on the demo account, so can you please explain what do you mean by how the markets are looking?
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