Reply To: Advice on trading pairs please
Hi James, the major markets all have their nuances and move with sufficient independence for our purposes.
e.g. 2 USD markets might display a similar price movement on the chart but the objects we look for – the MOR, control, S&R, fib levels, potential reward:risk, etc – will all be very different.
I’d just focus on sticking to the highly liquid markets (the ones with the tight spreads). Start with the full basket and let your analysis filter out the best candidates for trading.