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How to choose the appropriate currency pairs to trade in Tesler Trading APP? At this stage, and after the termination of the process of learning and training on how to trade either by monitoring the trading screen or use Tesler Trading demo account, you will know the basic points to start real trading, you are now just one step away from entering the world of binary options trading and begin operations of buying and selling, but you may be wondering when the first trading process for any pair of currency pairs would you choose? And what is appropriate at this time the pair has Tesler APP many questions at that moment was the intervention at a loss you are indispensable in such a time.
The importance of choosing the currency pair in Tesler Investments APP
You need at this time to focus, and requires you to do some analysis concerning the movements of currency pairs, that rely on more than the analysis may serve the course of the trading process, there are majors, the most couples popular and actively traded among investors in the market, and one of the most market engines traders are watching the details make Tesler Investment await economic indicators, moment by moment, and keeping tabs on all the news about them, and that may affect the movement and certainly especially strong and sudden movements movements may affect the market as a whole movement, if we look closely the movement of each pair on the unit we were able to see how his behavior features of each pair and the extent of his movements for news issued related to it, and therein lies the essence of the choice and the most important is to understand and absorb everything that comes in the currency pair, who will be chosen has comes to your mind some questions: Would I start trading with one of the majors or I would choose a secondary pairs that may be unusual movements in relation to other couples? If so, what is the husband who I’ll start with him? What are the qualities of this pair?
How to choose a currency pair
– Preferred choice of majors to work with them and that the lack of movement on the courses in addition to the direction of the majority of traders Technical Analysis by
– The choice of a spouse, which proved trending up (tops and bottoms upward) (tops and bottoms bearish) for 10 days and the greater the number of days in the same direction increased trend strength.
– Getting stronger current trend upwards if the pair moves in the direction upward for a month and just as important as the stability of the trend is upwards if the presence of 10 days before emerging sideways Tesler Trading Software bearish as well as with the downward trend with a 10-day decline.
– Preferably a direction of the main currency pair upward or downward compatible with European period for compatibility with the severe liquidity and movement and thus move in the direction well and gracefully.
– The choice of a Tesler Trading pair or a couple at most to work on them and would prefer to be the couple’s similar like some currencies such as the Yen crosses or GBP or couples euro so there is no confusion for Tesler Investments in two different couples analysis and also takes advantage of a pair analysis to seize an opportunity second pair safely.
– Preferred presence and analysis of the dollar index Index up shops can filter couples and knowing the size of existing liquidity against the dollar for other currencies instantaneously
– Must take into account this in mind full knowledge of the quality of the next Tesler Trading APP and the extent of its importance and its impact on the currency in which it TRADE
Most heavily traded currency pairs
You will discover that the most traded currency pair in the world is a pair Eurodollar. If you have started trading in binary options recently we strongly advise you to start trading in Tesler.com this currency pair to become more seasoned. You will learn a lot by trading this currency pair because it is highly liquid, and less of the currency pairs price. It is worth mentioning that 87% of all operations performed in the options trading markets are a pair Eurodollar
For choosing a particular price range
After knowing Tesler Trading timetable Did we were able to choose the currency pair to look at the chart and see the movement of currencies in every Frame a certain time frame and we mean here chose the specified range for the price, and this is different from the time period to another period of time
For example, in the period medium price movement and are at their peak any liquidity in common between the American and European period Lama So you fast stores you choose the time
I tell every novice in binary options trading industry, there is not a good husband and a pair of trade is not suitable, but this is due to your trading style and each style if you fast trader or trader for a period of medium or long-term trader