Monitoring Currency Pairs

[Pipsaholic]

Hi,

How many pairs do you monitor daily searching for opportunities? Do you only concentrate on 1 or 2 specific major pairs or do you scan the market for multiple opportunities and compare them for your best bet?

Obviously, monitoring just the majors is easy and added the minors your screens may get overrun, but you may miss opportunities especially of the GBP/JPY pairs.

Thanks.

 

[Patricia12]

I only search for one currency pair that is EUR/USD.

 

[retro69]

I look at the major forex pairs, and also have a look at some of the more exotic pairs as well if I dont see anything thats looking promising initially. I also trade Indices, Commodities , shares and bonds too. Rather than have a large number of strategies that work in all market conditions, I just have a small number of trend following strategies over different time periods that work well for me. I dont mind where I implement them so I keep my options open.

 

[bangkoker]

I look at the major forex pairs, and also have a look at some of the more exotic pairs as well if I dont see anything thats looking promising initially. I also trade Indices, Commodities , shares and bonds too. Rather than have a large number of strategies that work in all market conditions, I just have a small number of trend following strategies over different time periods that work well for me. I dont mind where I implement them so I keep my options open.

What Retro said