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Thread: Currency pairs to start with as a beginner?

  1. #270
    Senior Member TrojanFX is on a distinguished road TrojanFX's Avatar
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    Quote Originally Posted by jai View Post
    newbies should always trade with EURUSD and GBPUSD.its recommended one.because most of the website provides analyses and news about them.And trading currencies like NZDUSD is somewhat difficult as it has high spreads and prediction of reaction is difficult too.
    yes, In Forex market there are many pairs are present.But some pairs are major pairs like as Euro/Usd, Gbp/Usd,and others. This major pairs are more volatile in Forex market than others.In Forex market when the GBP is high and opposite currency like Usd is low along with Euro is high so i suggest for the Forex starter 8 major currency are most important for trade.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #269
    Senior Member jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai's Avatar
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    newbies should always trade with EURUSD and GBPUSD.its recommended one.because most of the website provides analyses and news about them.And trading currencies like NZDUSD is somewhat difficult as it has high spreads and prediction of reaction is difficult too.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #268
    Member maryosa is on a distinguished road maryosa's Avatar
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    Every trader should follow EUR/USD as major pair and not only beginner trader. But for beginner, it depend on which currency pair used to learn the forex. EUR/USD is easier pair to learn but there are other good pairs like GBP/USD.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #267
    Member Abdomhadi will become famous soon enough Abdomhadi's Avatar
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    a little advice for beginners is to start with low currency pairs like EUR / USD because it is the best, and here at the same time you will have the ability to manage well the money too . But I think most people continued with only a few pairs for a long time but it is preferable and in any case he'll do it only for some days.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #266
    Member twinkling star has a spectacular aura about twinkling star has a spectacular aura about twinkling star's Avatar
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    begginers should only follow the eurusd pair only, as it gives the low spread but if you are new then you can use the other pairs also in demo account for practise, but you should try to learn only one pair movement so you would be able to earn the lot of money by just judgement on only one pair, you can also use gbp/usd also, for learning.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #265
    Member Tarek is on a distinguished road Tarek's Avatar
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    I think all beginners should use the pair started with EUR/USD, this pair has a lot of volatility, and there is trust, I suggest you start with this pair, by what you can lose a lot of pips.
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  7. #264
    Member siddesh is just really nice siddesh is just really nice siddesh is just really nice siddesh is just really nice siddesh is just really nice siddesh's Avatar
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    using major pairs as a beginning is a good choice for newbies. EUR/USD is one of the most chosen one. It has more advantages compare to cross pairs or exotics pairs, i.e it has low spread, moderate volatile movement and the most important thing is, it has many source that provide free reviews related to this pairs.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #263
    Senior Member TrojanFX is on a distinguished road TrojanFX's Avatar
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    EUR/USD is good pair for trading but recently, I prefer to choose GBP/USD as my main pair because the daily movement of EUR/USD is harder to predict and it could be so volatile than GBP/USD. It's more risky to use EUR/USD because condition of Europe is not stable anymore. But each trader will have his/her own consideration.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #262
    Member niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex's Avatar
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    For the new traders it will be better if they start with the EURUSD then they will be able to get the maximum advantage as it offers the volatile movements and the currency is easy to understand for most of the traders. But the main thing is that they should be able to make some profits in the trading on a long time basis.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #261
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    It is not a big issue which currency is prep arable for newbie, yes, it is recommended that the currency for beginners is low risk and not big range distance in a day. for that you can select EUR/USD or AUD/USD. both has natural movements. but do not take risk anyway.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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