Safest Pairs To Trade
Kindly Give Your Suggestion ABout Pairs which are Safe to Trade according to Volatality in Market
No one
Volatility does not mean risk when you adjust your Position Size and Protections (TP & SL) according to it.
Use a Volatility Indicator (ex: ATR) to adjust your Money Management depending on the Pair you Trade.
Use a Volatility Indicator (ex: ATR) to adjust your Money Management depending on the Pair you Trade.
EURUSD becouse there is the bigest liquidity and small chance for price to slip and dont fill your stoploss at correct price
GBPUSD is the safest pair to trade, you can prove it at a signal provider with a high accuracy rate, on average a good signal provider to trade on GBPUSD
You should find it out based on these factors:
Your trade strategy.
Risk/Reward.
target win rate.
Market volatility.
Fundamental events.
....
I, strongly suggest you to test any thing over and over on a demo account first.
In a forex market, trading with any currency pair involves risk, be it minimal as well. No currency pair is safest.
Currencies like USD, EUR, JPY, the major currencies that are majorly liquid involving low risk, can prove profitable in the long run.
Currencies like USD, EUR, JPY, the major currencies that are majorly liquid involving low risk, can prove profitable in the long run.
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