What is the best currency pair to run a martingale strategy on?

Hi, I have about $1000 remaining in my forex account. I'm planning to run a simple martingale on my account. I'm aware I'm most likely going lose all my money but hey I've had it in my account for 3 years.





Just wondering if any experienced forex trader out there can recommend a good currency pair to run a martingale strategy on?





Thanks.|||Hey there,





The best and easiest currency pair to trade is E/U and G/U. This is because these currencies are most trading and are highly liquid. This means that you can purchase and sell it anytime you want.





Thanks|||You could do the intelligent thing and take your money out or you could do a strategy that will produce the same result as the strategy you are inquiring about. That strategy is called eeny meeny miny moe.|||with a martingale strategy you will blow your account in a day.


try some kind of arbitrage strategy. For example take EUR/USD and GBP/USD which are highly correlated meaning they move almost always in the same direction, that will give you great opportunities. when their move against each other ore one is just outperforming the other, you will get a wider spread between them meaning the correlation went down for a short period, then just buy one and sell the other until they stabilize and return to their average spread. that will limit your risk greatly since you stay market neutral (not betting on rising or falling of the market, which is mostly impossible to predict)|||Get best forex tips and forex product reviews here :





http://www.asdiary.com/category/forex





Free and good content|||To begin most people do not know how to trade with Martingale. The ones that just say you will blow your account really know nothing at all about Martingales. I made a EA that brings me in 4 figures each day and is a martingale.


The best pair is the eur/jpy by far.





2 things you must know and do when using a Martingale. One take your profits out daily and second know how to escape if the market is in a long trend against. Once you can do this it's endless in the money make..


Randy|||EUR/USD and the awards will be excellent!!!!