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Thread: Currency pairs to start with as a beginner?

  1. #380
    Junior Member Bear is an unknown quantity at this point Bear's Avatar
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    I've always recommended starting with EUR/USD as it is most liquid and has most tighter spread. For example the broker I'm currently using, www.armadamarkets.com, they have 0.0-0.5 pips spread on EUR/USD during London and New York session. Oanda is also pretty good broker.

    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. #379
    Banned zahidrock will become famous soon enough zahidrock's Avatar
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    If you are beginner in forex market then i suggest you use low violated pair for trade. Because on low violated pair you can easily make decision on trading. But on high violated pair its can make you more confuse for making decision.

    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. #378
    Member Techno is an unknown quantity at this point Techno's Avatar
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    Quote Originally Posted by girish View Post
    I will recommend forex newbies to trade with usd/eur pair at first. It is the most important currency pair among other dozens of pairs. And it is very to learn to trade with them as we can get information about these currencies over internet very easily. So it will be perfect to start with this pair first.
    usd euro has good movement. so many traders are advised beginners to learn this first pair. would be better if we learn to really focus on a single pair first. this will give us a better understanding to identify the pair.

    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. #377
    Member girish is an unknown quantity at this point girish's Avatar
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    I will recommend forex newbies to trade with usd/eur pair at first. It is the most important currency pair among other dozens of pairs. And it is very to learn to trade with them as we can get information about these currencies over internet very easily. So it will be perfect to start with this pair first.

    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. #376
    Member gava is on a distinguished road gava's Avatar
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    Yes, I agree with you that EUR/USD is the best pair to start with as a beginner. The movement of this pair neither slow nor very high but it is good for trading because its movement prediction is easy and its spread is low.

    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. #375
    Member mita is on a distinguished road mita's Avatar
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    Yes, EUR/USD is the best available pair for everyone either he is a beginner or a pro trader because EUR/USD is the best in all respect. Its spread is low, its analysis is easy, we can a lot of news releases about this pair.

    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.


  7. #374
    Highly Reputed Member ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara's Avatar
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    Quote Originally Posted by anitagala124 View Post
    I prefer the main pair as GU and EU. AU actually also have a high volatility. together with the eu and gu. just less familiar than the eu and gu. I do not recommend cross pair, because we have to learn two different pairs and have an equally strong influence.
    The GBP/USD and the EUR/USD are two very important forex currency trading pairs that we traders need to be trading with as beginners due to its good market movements/volatility.

    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. #373
    Member silverfx is an unknown quantity at this point silverfx's Avatar
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    ledkin e dono pair sabse jayada popular currency pairs ha and sabse jayda risky bhi ha.agar 95% trader loss karte hai to wo uska greed ka karan.ledkin maximum log to eu and gu par he trade karte hai.to kaya is pair par trade karna sahi hoga ?

    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. #372
    Member mandeeprana is on a distinguished road mandeeprana's Avatar
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    Quote Originally Posted by mayengbam View Post
    its like asking from which dish i should start eating. lol
    if you ask a japanese he will advice you EUR-JPY, USD-JPY, a briton will say GBP-USD a canadian USD-CAD

    So its upto you. GBP-USD & EUR-USD are d most traded currency pairs so most people advice to start trading these pairs. but no hard & fast rule is there
    maine bhi apne trading ki shuruat eur/usd aur gbp/usd se kari thi
    mujhe ye dono pair sabse ache aur sabse basic lagte hai aur har trader ko inhi dono pair se trading shuru karni chahiaye

    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. #371
    Banned rahul is on a distinguished road rahul's Avatar
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    yes for new bie eur-usd is the best pair i think , they should pay attention to these pair and should learn some new methods and strategies to trade this pair in the demo account and then should implement in the live account

    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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