Why trade EURUSD?

[lovemyprofits]

The EURUSD exchange rate has been the focus of my trading for some time now continues to occupy most of my trading day. There are three main reasons:

Liquidity - The Dollar the Euro are the most traded currencies in the world. There is always an excellent competitive two-way market in the EURUSD. This is particularly important for managing risk.

Trends - The Euro is worth $1.17; sixteen months ago it was worth 86 cents. The trend has been gradually higher. It pauses but doesn't decline significantly. Traders call that a sustained persistent trend. It's the most profitable trend to trade.

Volatility - The EURUSD daily price change is less than $1.00 most days. The range is usually between $1.25 $2.00. There is enough volatility to trade make money but not so much volatility that the money management becomes a problem.