There are many traders who question whether this is important to learn or not, so many traders who miss it and assume all the same pair. This assumption is actually a bit wrong, because by understanding the characteristics of each currency pair you will realize how much the level of risk is there and how much chance you can change the existing risk into a profit. You can also measure how much risk tolerance exists with your trading.
GBP / USD
For those of you who are not too fond of high risk then this pair is not a wise choice, because this pair is the most active and most aggressive pair of all existing currency pairs. The range of chart movement in this pair is very fast, even not infrequently in less than 1 hour pair GBP / USD has reached 100 points more. The fundamental news that often affects the pair often appears at 16.30 and the span of 19.30 - 22.00
Range of movement in one day: 100 - 200 points
Daytrader stop loss: Ideally in the range of 200 points
Most active trading hours: 15.00 - 22.00
Price per point: Mini = $ 1 and Regular = $ 10
EUR / USD
The risk in pair EUR / USD is quite low especially compared with the previous pair GBP / USD, so make this pair of favorites for most traders. Characteristics that are not too aggressive but also fluctuate make many traders who make EUR / USD land looking for their profits. Fundamental news that often affect this pair often appear in the range of 16:00 to 18:00 and the range 19:30 - 22:00
Range of movement in one day: 75 - 150 points
Daytrader stop loss: Ideally within the range of 200 points
Most active trading hours: 14.00 - 22.00
Price per point: Mini = $ 1 and Regular = $ 10
AUD / USD
If you are the type of casual trader who is not too pursued time or you do not have too much time in trading then pair AUD / USD can be the main choice tone. In this pair very rarely there is a price that moves drastically because the price movement in this pair is only half of the aggressive pair EUR / USD. The fundamental news that often affects the pair often appears in the 17:30 to 10:30 range and the span of 19.30 - 22.00
Range of movement in one day: 50 - 100 points
Daytrader stop loss: Ideally in the range of 150 points
Most active trading hours: 07.00 - 22.00
Price per point: Mini = $ 1 and Regular = $ 10
USD / CHF
As a trader you can see the movement of USD every day through this pair chart, because the movement of USD / CHF pair is opposite to GBP / USD, EUR / USD and AUD / USD. When you see any downside movement of USD / CHF this is almost certainly aka a significant upward movement of the pair GBP / USD, EUR / USD and AUD / USD. When compared to AUD / USD pair, this pair tend to be more calm and not too volatile. If you are the type of trader who away from high risk then this one pair could be a pretty right choice. The fundamental news that often affects the pair often appears in the 14:00 hours range and the span of 19.30 - 22.00
Range of movement in one day: 50 - 100 points
Daytrader stop loss: Ideally in the range of 100 points
Most active trading hours: 14.00 - 22.00
Price per point: Mini = $ 0.8 and Regular = $ 8
USD / JPY
This is a pair that often gives surprises, this is because in recent years the movement of USD really affected by this one currency. Do not be too reckless in making decisions, although it looks weak not too long to sell sell positions, due to the BOJ often intervene to weaken the Yen. The fundamental news that often affects the pair often appears in the span of 06.50 - 12.00 and the span of 19.30 - 22.00.
Range of movement in one day: 100 - 150 points
Daytrader stop loss: Ideally in the range of 100 points
Most active trading hours: 14.00 - 22.00
Price per point: Mini = $ 1.2 and Regular = $ 12
From here it is clear enough to see the differences between each pair, by studying the characteristics of each pair you will know which pair is most suitable with your trading character and ana can change the risk that exist in each pair this becomes an advantage.
GBP / USD
For those of you who are not too fond of high risk then this pair is not a wise choice, because this pair is the most active and most aggressive pair of all existing currency pairs. The range of chart movement in this pair is very fast, even not infrequently in less than 1 hour pair GBP / USD has reached 100 points more. The fundamental news that often affects the pair often appears at 16.30 and the span of 19.30 - 22.00
Range of movement in one day: 100 - 200 points
Daytrader stop loss: Ideally in the range of 200 points
Most active trading hours: 15.00 - 22.00
Price per point: Mini = $ 1 and Regular = $ 10
EUR / USD
The risk in pair EUR / USD is quite low especially compared with the previous pair GBP / USD, so make this pair of favorites for most traders. Characteristics that are not too aggressive but also fluctuate make many traders who make EUR / USD land looking for their profits. Fundamental news that often affect this pair often appear in the range of 16:00 to 18:00 and the range 19:30 - 22:00
Range of movement in one day: 75 - 150 points
Daytrader stop loss: Ideally within the range of 200 points
Most active trading hours: 14.00 - 22.00
Price per point: Mini = $ 1 and Regular = $ 10
AUD / USD
If you are the type of casual trader who is not too pursued time or you do not have too much time in trading then pair AUD / USD can be the main choice tone. In this pair very rarely there is a price that moves drastically because the price movement in this pair is only half of the aggressive pair EUR / USD. The fundamental news that often affects the pair often appears in the 17:30 to 10:30 range and the span of 19.30 - 22.00
Range of movement in one day: 50 - 100 points
Daytrader stop loss: Ideally in the range of 150 points
Most active trading hours: 07.00 - 22.00
Price per point: Mini = $ 1 and Regular = $ 10
USD / CHF
As a trader you can see the movement of USD every day through this pair chart, because the movement of USD / CHF pair is opposite to GBP / USD, EUR / USD and AUD / USD. When you see any downside movement of USD / CHF this is almost certainly aka a significant upward movement of the pair GBP / USD, EUR / USD and AUD / USD. When compared to AUD / USD pair, this pair tend to be more calm and not too volatile. If you are the type of trader who away from high risk then this one pair could be a pretty right choice. The fundamental news that often affects the pair often appears in the 14:00 hours range and the span of 19.30 - 22.00
Range of movement in one day: 50 - 100 points
Daytrader stop loss: Ideally in the range of 100 points
Most active trading hours: 14.00 - 22.00
Price per point: Mini = $ 0.8 and Regular = $ 8
USD / JPY
This is a pair that often gives surprises, this is because in recent years the movement of USD really affected by this one currency. Do not be too reckless in making decisions, although it looks weak not too long to sell sell positions, due to the BOJ often intervene to weaken the Yen. The fundamental news that often affects the pair often appears in the span of 06.50 - 12.00 and the span of 19.30 - 22.00.
Range of movement in one day: 100 - 150 points
Daytrader stop loss: Ideally in the range of 100 points
Most active trading hours: 14.00 - 22.00
Price per point: Mini = $ 1.2 and Regular = $ 12
From here it is clear enough to see the differences between each pair, by studying the characteristics of each pair you will know which pair is most suitable with your trading character and ana can change the risk that exist in each pair this becomes an advantage.
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