The thought behind trading a multiple currency pairs within your forex trading account has several advantages over concentrating on a single pair. This will obviously free you up to place more trades since you won’t have to wait for a trend to take place for a single pair, as most likely there will be a trend somewhere if your watching multiple currency pairs. The second advantage is not counting on a single pair to make you money, but multiple currency pairs, therefore diversifying your forex trading risk. Minimizing risk is one of the leading factors that result in success within the currency market.