How do you actually decide which forex pairs are worth trading?

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I’ve been thinking about this a lot lately and wanted to hear how others approach it.

There are so many pairs available, but realistically we can’t trade everything.

Do you stick to the same pairs every day, or do you adjust based on what the market is doing?

I’ve noticed that sometimes I take trades that look good on the chart, but the move just doesn’t follow through.

It made me wonder if I’m missing something at a bigger picture level, like how the overall market is behaving or which currencies are actually strong vs weak.

Would really appreciate hearing how you approach this, especially if you’ve already figured out a consistent way to choose good pairs.
 
I think part of the issue is that a lot of us focus too much on individual setups without considering what the rest of the market is doing.

I used to take trades that looked perfect on one pair, but they wouldn’t go anywhere because there wasn’t real momentum behind that currency overall.

Once I started paying attention to which currencies were actually moving across multiple pairs, it became easier to filter out those weaker setups.
 
Charly Diaz:
Would really appreciate hearing how you approach this, especially if you’ve already figured out a consistent way to choose good pairs.

Long-term volatility coupled with good liquidity is beneficial to any kind of trading other than short-term scalping. This is based on the premise that if the market doesn't move much, then it's tough to catch a swing.

Have a look at the free myfxbook volatility table. You can sort by pair and timeframe. Hint: XAUUSD is #1 (almost always), and GBPJPY is #2 (most of the time).

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