milkman13ui Posted January 8, 2010 Report Posted January 8, 2010 Can anyone shed some light on what currency pair is good to start looking at in the evening here in USA? Quote
milkman13ui Posted January 8, 2010 Author Report Posted January 8, 2010 Re: Best Currency Pair For Forex Trading in USA evening time Central Time (USA). Evening for me is after 3pm. I do understand Asia opens next but was wondering if their's any good currency pair to trade during that time period. Quote
Cyrillic Posted January 8, 2010 Report Posted January 8, 2010 Re: Best Currency Pair For Forex Trading in USA evening time AUD/NZD, AUD/JPY, GBP/JPY Quote [spoiler:26ukmy10]Never trust, never fear, never beg[/spoiler:26ukmy10]
4xinvestor Posted January 8, 2010 Report Posted January 8, 2010 Re: Best Currency Pair For Forex Trading in USA evening time Not Always..but quite often there is a breakout between 8-10pm EST on Eur/JPY and GBP/JPY. Sometimes big, sometimes small.. Just grab some easy pips on the breakout and then wait for more active times Quote
bottomdollar Posted January 9, 2010 Report Posted January 9, 2010 Re: Best Currency Pair For Forex Trading in USA evening time GBPJPY is good.. however, I tend to go half the usual stakes compared with EURUSD and GBPUSD simply because it's a lot more volatile Quote
milkman13ui Posted January 10, 2010 Author Report Posted January 10, 2010 Re: Best Currency Pair For Forex Trading in USA evening time Thanks everyone for their replys. I only trade the eminis right now and forex is kinda of new to me. This will help me understand which pair to watch in the evening time when the usa future market is closed. Quote
nisky Posted January 15, 2010 Report Posted January 15, 2010 Re: Best Currency Pair For Forex Trading in USA evening time As someone new to trading as I am, I would think pairs with low spreads are great. A pair seems to be very active when its market opens. No one pair shows the same activity every time it opens so one will have to be careful. I like to always check up on the market news about the pair I'm looking at, to look out for surprises. Quote
Cyrillic Posted January 17, 2010 Report Posted January 17, 2010 Re: Best Currency Pair For Forex Trading in USA evening time You can also try scalping eur/gbp eur/chf from 15 - 21 EST, you could easily pocket 25 - 100 pips a night scalping those. (assuming you have a decent spread, anything lower than 3.5) Quote [spoiler:26ukmy10]Never trust, never fear, never beg[/spoiler:26ukmy10]
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.