Currency pairs to start with as a beginner?

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Originally Posted by denira

I personally recommend for a newbie to trading on the USD / CHF pair because the movement is quite smooth unlike the pair GBP / USD that sometimes its movement back and forth in a fairly large range

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if you think USD/CHF is good for begginer i think you should add USD/JPY too. this pairs is similar with USD/CHF. like a brother. :p

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Originally Posted by pivot-trader

if you think USD/CHF is good for begginer i think you should add USD/JPY too. this pairs is similar with USD/CHF. like a brother. :p

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It's better to use one or two pairs only for beginner to start in forex trading and I suggested to use EUR/USD, GBP/USD, or EUR/JPY as good pairs. I suggested to use them because all of them have low spreads (3 pips in IFX) and also they are volatile enough so we could get profits from good movement of those pairs. But I suggested to choose one as main pair and one as reserve pair, don't use more than 2 pairs in the first time.

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Originally Posted by andry777

It's better to use one or two pairs only for beginner to start in forex trading and I suggested to use EUR/USD, GBP/USD, or EUR/JPY as good pairs. I suggested to use them because all of them have low spreads (3 pips in IFX) and also they are volatile enough so we could get profits from good movement of those pairs. But I suggested to choose one as main pair and one as reserve pair, don't use more than 2 pairs in the first time.

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thanks for explain. i think yours say is right. trading with one pairs will make us more focus in each ours trading.

sabse badi chiz he trading ko suro karne ke liye pair choose karna. aur beginner ke liye trading suru karne ke liye sabse accha pair he eur/usd. ye pair sabse baria he . main bhi eur/usd pair se hi suru ki thi. kam volatile he ye pair. isliye ye accha he.

Quote:

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Originally Posted by andry777

It's better to use one or two pairs only for beginner to start in forex trading and I suggested to use EUR/USD, GBP/USD, or EUR/JPY as good pairs. I suggested to use them because all of them have low spreads (3 pips in IFX) and also they are volatile enough so we could get profits from good movement of those pairs. But I suggested to choose one as main pair and one as reserve pair, don't use more than 2 pairs in the first time.

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I support your opinion that for a beginner would be better to trade in one or two pairs have to be more focused analysis while continuing to learn on one pair and it will be easier to explore the material forex

Quote:

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Originally Posted by andry777

It's better to use one or two pairs only for beginner to start in forex trading and I suggested to use EUR/USD, GBP/USD, or EUR/JPY as good pairs. I suggested to use them because all of them have low spreads (3 pips in IFX) and also they are volatile enough so we could get profits from good movement of those pairs. But I suggested to choose one as main pair and one as reserve pair, don't use more than 2 pairs in the first time.

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I support your opinion that for a beginner would be better to trade in one or two pairs have to be more focused analysis while continuing to learn on one pair and it will be easier to explore the material forex

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Originally Posted by denira

I support your opinion that for a beginner would be better to trade in one or two pairs have to be more focused analysis while continuing to learn on one pair and it will be easier to explore the material forex

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yeah, first we must learn one pair. learn all about that pairs. like characteristic and other. after that continue to learn other pairs.

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Originally Posted by pivot-trader

Currency pairs to start with as a beginner?

What currency pairs would you suggest to start with as a beginner? Would you suggest to stick with the same pairs? Thanks a lot.

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for a beginner should learn to pair the euro / usd and gbp / usd
because this key pair is mostly used by most traders
besides having a small spread, is also a great movement
but there is no harm in trying to learn all the pairs in a demo account, in order to understand the characteristics of all pairs, and can choose which is more suitable for him

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Originally Posted by pivot-trader

yeah, first we must learn one pair. learn all about that pairs. like characteristic and other. after that continue to learn other pairs.

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nevertheless its also a very good idea to concentrate on one pair and then learn another. but it would be more interseting to concentrate on at least two and compare the currency movement also

EURGBP EURUSD or, for the current EURUSD has a greater range and more volatile,
but both pirs is suitable for beginners