The main aim of all our trading efforts is profitability.While trying to achieve this one question that we face every single day of trading is the selection of a pair that will likely yield not only profits but its performance in the chosen direction and the ease with which it moves towards our selected take profit levels is outdoing the pairs that were dropped in favour of the selected pair.Hey I have a CHF view but i want something more than just the USDCHF pair's expected move.I want to sell CHF either by buying GBPCHF or EURCHF.So what is one thing that must absolutely take into account while selecting between the two pairs for superior performance of my CHF trade idea?I need a EURGBP view to really have my trade idea perform well and to rake in the profits. for the capital i put at stake in my trading decision. This can be a JPY trade idea and a question of selecting GBPJPY or EURJPY.Here too i need a solid view on EURGBP pair.I don't want to see my EURCHF long trade to keep falling on its face while GBPCHF is flying right past and soaring higher every session...session after session.What did i do wrong? Most likely I did not take into consideration evident weakness of EURGBP …
Read article
Translate to English Show original