TU Research Reveals the Most Profitable Forex Pair
Traders Union Research Group surveyed 2,500 experienced traders to find out which Forex pairs and trading strategies bring profit to the majority of professionals.
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LONDON, March 31, 2022 (Newswire.com) - Traders Union conducted a large-scale survey among 2,500 professional traders. The main task of the survey was to find out which Forex pairs and trading strategies bring profit to the majority of professionals.
Company specialists were interested in finding out more about this, as the opinions on this matter differ strongly in trader communities and among experts. Some traders claim that trading majors, such as EURUSD, yields the best results, while other professionals are convinced that trading crosses and exotic pairs is much more profitable.
The results of the research were as follows:
The absolute majority of successful traders choose majors (67%), while 27% prefer crosses (minors) and only 6% exotic pairs.
The pair's liquidity is the key factor for choosing a currency pair for a third of traders; another 23% prefer pairs with moderate volatility, while only 11% regard the availability of news as an important factor.
The results of the research will help Traders Union experts to prepare educational materials and articles for novice traders to help them avoid making some of the typical mistakes.
Review the research on the website in this article and in PDF format to get more details on its results.
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Source: Traders Union