Question -

Does the market affects only a single currency or the whole pair ?

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Kara Elliott
Answered 1 month ago
<p id="isPasted">Well, it depends upon your strategy and trading approach, you can focus on one pair and you can trade in multiple pairs as well. If you ask me I prefer to trade in one pair at a time. The reason behind this is by sticking to one major currency pair helps me to get familiarize with every aspect and every event that affects their prices and then helps me in developing better strategies. Moreover, trading with more than one seems like it would take a lot more effort without any additional edge.</p>