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Best Timeframe for Forex?

DavPas90 Posted 6 Nov.  in #Trading #Forex #Tradercontest
What's the best timeframe in Forex Market?
Some traders say that is the Daily, some others say that the best is 10 minute, others monthly...and so on. But, over the subjective vision of the market, in an objective way, what is the best timeframe for trading in forex?
We have to consider that the Fx market is a low-volatilty market and its volatility is controlled by our level of leverage implied in our trading strategy. So, if we want to do trading properly on forex, we have to consider a multip…
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FOMC Meeting, expectations on USD

DavPas90 Posted 19 Sep.  in #Forex #Trader Contest #Fomc
Tomorrow is the time for the FOMC Meeting to reveal what they're going to do with the rates. There's almost a 100% possibility that everything will be unchanged and Yellen would not hike rates. If we look at the market, there are some reasons for Yellen to hike rates another time. Here it is, the reasons for hike rates:
WEAK USD
Against the Euro, the USD is very weak. We have a 15% weaker Usd against Euro from the beginning of the year. This is very important in a Macro way, because all the asse…
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EURUSD, the best or the worst to trade?

DavPas90 Posted 12 Sep.  in #Trader's blog
Some peope (or traders) may say that EURUSD is the worst or the best FX instrument to trade. But, why there is this big gap between who consider EURUSD the best or the worst? There are some reasons to say that it is the best and the worst at the same time. Here it is the 2 reasons explained, point by point by a trader (me) that Loves to trade EURUSD:
1) LIQUIDITY
EURUSD is the most liquid FX instrument and probably the most liquid financial instrument to trade in the world, both for institutiona…
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2 Comments
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Foresty84 12 Sep.

I like numbers. So I can tell that according to my trading ideas EUR/USD trends only 14% of the time while there are many others that trend more than 23%(GBP/USD for example). So it's just more profitable to trade something else if you like trend following.

DavPas90 avatar
DavPas90 12 Sep.

Every trader has a favourite instrument to trade, but the case of EURUSD is very extreme: is love or hate.

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