Top Currencies That Gives Clear Price Action

[GlassOnion 12]

Wanted to know which are top currencies that gives clear prediction on price movements, shows clear market outlook ,obeys psychological levels such as S/R ,Fibonacci etc. Please Let me know your frank opinions and suggestions.

[SIUYA 11]

Personally - I have not found one that the best for everything.

The real issue is context.... and either a read of the papers or a glance at the longer term charts can tell you most of what you need.

For a few years the AUD has been boring, and yet of late its been interesting,

The EUR has its moments, but of late it been boring.

Whether people call it regime change, context, market mood etc - I think this is where the key lies.

Even the automated guys generally have filters of some sort to minimise periods whereby a system is known to perform badly for this reason, or they use a robust system with plenty of instruments to smooth these rough patches.

 

so in answer to the Q - strategy is dependent on context, and nothing works all the time, and your head will hurt if you think otherwise if you seek perfection

 

(Also dont be fooled by what looks like its easy, when the reality of implementation regards spread and true liquidity can upset what looks good, is this not the old argument about psychology v strategy???? being a large part of the battle.)

[Mysticforex 13]

You are right Suiya, I do not think one is better than another. That being said, I do restrict my trading to a certain number of pairs. I just feel I have gotten to know some better than others over the years. And some that have always kicked my ass over the years.

But that's just me. If someone asked for advice, I would probably say, they are all the same, a chart is a chart.

[bredin 10]

EURNZD

 

its a litany of R->S S->R, BO/zero price action.

 

simple and obvious, has been since i started trading it in 2009, nothing has changed.

 

G.