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Thread: Currency pairs to start with as a beginner?

  1. #1900
    Senior Member indiafx is an unknown quantity at this point indiafx's Avatar
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    I suggest trading in the pair usd / cad for the currency pair USD / CAD as it is more likely sideway with a range between 40-100pips, with resistance 200pips ideal, but remember always follow the trend

    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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    Senior Member nayyara is an unknown quantity at this point nayyara's Avatar
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    as beginner trader, .. I only use EURUSD pair for my trading ..
    this pair has low spreads and daily movement range up to tens of points ..this pair also become favorite for many traders ..

    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. #1898
    Banned realking32 is an unknown quantity at this point realking32's Avatar
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    i think that the beginner should avoid themselves from trading the GBP and JPY pairs as they move fast and big and they should avoid trading the pair that have a large spread and instead they trade with Eur/Usd , Usd/Chf and Aud/Usd etc.

    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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    Banned Dimas is an unknown quantity at this point Dimas's Avatar
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    as beginners we have to choose trading partner which is not too wide to avoid the loss of too much, or we can also always use a stop loss. ideal for couples that movement I think hell just eur and usd only. because I see the movement of others, the very wide indeed

    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. #1896
    Senior Member inath is an unknown quantity at this point inath's Avatar
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    Quote Originally Posted by ilovefx21 View Post
    The most easy pairs to start trading are Eur/usd and USd/chf and i think this are the smooth moving pair without any spike and fluctuation in their trading and they can trade with easy and most of the strategies works on this pair.
    i agree, both pairs is really stable pair. but i prefer to trade with EUR/USD only. i like to learn much about this pair than other major pair and i trade with this pair also everyday

    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. #1895
    Senior Member ilovefx21 is an unknown quantity at this point ilovefx21's Avatar
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    The most easy pairs to start trading are Eur/usd and USd/chf and i think this are the smooth moving pair without any spike and fluctuation in their trading and they can trade with easy and most of the strategies works on 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. #1894
    Banned hend is on a distinguished road hend's Avatar
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    I think, as a beginner pair having better volatility is not too big, because it will be safer and of minimal risk for beginners. when I started trading, I use a pair USD-CHF, it is a pair that does not have too much volatility, but has similar characteristics to the EUR-USD, but its movement is reversed. so it's a good option for me as a beginner.

    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. #1893
    Senior Member decky is an unknown quantity at this point decky's Avatar
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    beginner is better to start with EURUSD. this pair move a lot to make easy profit and every day movement may give us regular profit. this pair suddenly did not move a lot that will help us to keep our account safe.

    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. #1892
    Trusted Member fxmoney is just really nice fxmoney is just really nice fxmoney is just really nice fxmoney is just really nice fxmoney's Avatar
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    eur/usd is one of the best pair with the help of which you can start to trade in the forex market as this pair move with the technicals and you can easily understand the fundamentals with that pair if you look for the hourly charts.
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    Senior Member Hansip is an unknown quantity at this point Hansip's Avatar
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    Quote Originally Posted by realking32 View Post
    The beginner should trade orthodox pair that don't have a spike like moving ability as the GBP and JPY pairs have so i would recommend the beginner to trade with either Eur/Usd or Usd/Chf or Aud/Usd etc. because this pair are simple to trade.
    i think all currency pairs that fall in the majors are good to trade and once they are good to trade it does not mean those currency pairs that fall into the exotic pairs category are not good to 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.


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