Any favorite pairs. Why and how many?

[JIMFX]

Lately I've been trading about 7 different pairs. I think that's just too much for me right now.

I thought I can handle them all but I can't, so I thought of going down to 4 pairs.

I'm thinking of
1. EURUSD
2. USDJPY
3. EURCHF
4. USDCAD

The most important factor for choosing those pairs is their loose correlation.

I think that in the long term, loose correlation between the pairs one is trading is the most important factor (related to pairs choosing).

Please share your knowledge.

Thanks !!

[ladyFx]

Yes, I agree that loose a corelation it's a one of teh most important thing to take in attention, but for me the choice of currency pairs depend on a situation in the market and in the word.

[priya11]

hi there,

My favorite pairs are usd/jpy, eur/usd, gpb/usd.... these are because of volatility and high fluctuation in small duration of time.

Regards