Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Ditto the Aussie. It's very correlated with metals prices and high interest rates mean it regularly goes in and out of favour for carry trades (depending on the global growth outlook), both of which mean it's never still for long.
Apart from EUR/USD I trade the AUD/USD, GBP/USD, and the Yen pairs: EUR/JPY, AUD/JPY and GBP/JPY. I used to trade other pairs such USD/CHF, CHF/JPY and other crosses, but the average day's move are not so great in some pairs. So I prefer to trade pairs with high average day's move, I also take the pairs spread into consideration and also I look at the average week's move...
Be in mind that market condition can change any time.
What do I mean by average day's move: [Based on my data]
Thanks so much for the Help and your time spent .