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In forex trading I think that the best pair is EUR/USD, this is the only one pair which is more profitable and you get more success in forex trading to use this pair. But best planning is also important as well. But I also like GBP/USD, and also I trade in this pair.
To choose the best currency pair, demo account is best place where you choose and analysis the currency pair. So must trade with that pair in demo account to know more about that pair but newbie must trade with small lot and improve their trading with demo account.v
main to eur/usd ko he prefer karoun ga es k bad gbp/usd ko prefer karoun ga main to en dono ko he use karta houn or main ne en ko kafi acha paya ha apne liyeQuote:
Originally Posted by Anytime
I think eurusd and Usdjpy is good pair to professional and new traders.Usdjpy has small and silent movement,it is good for newbies.Eurusd also suitable for beginners.
EURUSD is a much better pair for the beginner as movements are more in this pair and analysis is easier for this pair.USDJPY has less movements now so beginners should stay away for some time from this pair.Quote:
Originally Posted by Anand
may ray hisaab say EUR/USD sab say best rehta hay. keuunkay bht ziada log iss may trade kertay hain chaey wo expert traders hi keuun na hoon. may nay bht say traders aesay daykhain hain jo sirf or sirf isi pair may trading kertay hain or acha khasa kamatay bhi hain.
I think its not true for each broker . it may differ in other broker but i think the spread is same as eur/usd in instaforex . anyway i also think if there is big spread of any pairs then its not profitable for scalper when its only play for few pips.
I think more information and analysis are available about eur-usd and usually people are aware of both these currency both being from major countries. So it is fine to go with eur-usd in beginning.
yes i also agree with you . if we dont charactor of the pairs then its hard to trade because we unable to understand the move and when we have study then it become easy to understand the movement .
Actually brother there is nothing easy in forex and anytime any pairs turn your against if there is no proper analysis . anyway its true eur/usd pairs is the most traded pairs when movement not very first and i also suggest to newbie to trade this pairs first but always use sl and tp.