Choosing the correct pair to trade

A classic example in this morning’s forex webinar of choosing the correct pair to trade. This was highlighted by the Aussie dollar and whilst the currency was being bought on risk-on sentiment, it was in the AUD/CHF this was reflected most strongly. Why? Because the Swiss franc was the currency being sold heavily and hence delivering the strongest trend in the Aussie complex with a terrific trade on the pair on the faster timeframes.

About Anna 2016 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

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