The experienced traders always recommend trading the major pairs. Though they trade the synthetic pairs they have years of experience. Most of the major pairs like EURUSD, AUDUSD etc. exhibit stability. This means, prices are much more stable and if you manage to trade with the trend, you can expect to make big profits. But this information is not enough to stop you from trading the minors or cross pairs. It’s very normal to get tempted by seeing the volatility of the cross pairs. Unless you have more than 3 years of experience, you should stick to major pairs only.
This article is going to change your trading career. After reading this article, you will be able to trade the Forex market just like any other pro traders.
Focus on the trading session
The importance of having knowledge of trading sessions is very crucial to your success. If you are new to this industry, you may not find the importance of perfect timing and selection of the pairs. The naïve traders are not getting enough volatility to make a profit since they are trading the wrong pair at the wrong time. For instance, if you trade the AUDUSD pair in …