Hey Traders, hope everything is going well so far in 2014!
I’m really interested in knowing what you think about how the markets have been moving so far in January?
Because let me tell you something, I’ve been watching all pairs, and some of them have been very difficult to trade, and with this I mean:
- No clear support and resistance levels
- No clear swings
- Very volatile during news announcements
But not all of them, just the majors, the most traded currency pairs.
But that hasn’t been the case for other crosses, like the GBPCAD or the GBPAUD and others.
So here is my question: do you ever venture to trade those crosses? Even when the spread is larger than with the majors?
When I started to trade, I remember I looked for the currency pair with the tightest spread and just trade that one (it was the EURUSD of course).
forex, GBPAUD, GBPCAD, signal