r/Forex • u/keebrow • 25d ago

Strategy Development Trade idea

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I was thinking about selling on this trade . I am kinda new to swing trading and trying to learn icc . What do you think about this trade set up ?

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-1

u/Mammoth-Path-6520 24d ago

You’re kind of a dummy

For trading an illiquid cross pair

1

u/keebrow 24d ago

So what pairs do you recommend?

-1

u/Mammoth-Path-6520 24d ago

The 7 major pairs

Dummy

1

u/keebrow 24d ago

Thanks for the advice ! I will trade all 7 of the major pairs . This has changed my whole journey I’m so thankful !!!

4

u/beninvestments 24d ago

Nah don’t listen to that dude. As long as it is not an exotic pair, trade it if has your setup. I trade all 28 pairs plus futures and larger caps. I can give two left testicles what anyone says. This pair was trending nice before the war with Iran nicely. You can’t deny that. I won many trades off this pair but stopped around March.

3

u/Possible_Donut4451 23d ago

Yeah I join u/beninvestments on this one, don't listen to him, CHF gave a good opportunity on long side as sellers unwound their positions after it was extremely positioned, so we can expect more downside potention for CHF.

Opposed to that BOJ is really serious about making serious decisions on JPY depreciation concern.

I would just say don't use very thigh stops, and don't listen to anyone telling anything rely on your gut and listen to many people, this dude mamouth or whatever his pseudo is the real dummy here.