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Thread: Currency pairs to start with as a beginner?

  1. #1100
    Junior Member riky is an unknown quantity at this point riky's Avatar
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    Quote Originally Posted by imranghori View Post
    I have started with trading USD/EUR and I recommend every newbie to use this currency pair. Because with it you can trade easier and oversee the market and its developments.
    obviously a beginner should use the currency pair, but be aware of the correct use because if it does not understand will hurt and run out of capital so that beginners can pick USD / uero because it is more easily understood

    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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    Trusted Member ObaFX is on a distinguished road ObaFX's Avatar
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    it is better to start from trading the major currency pairs such as eurusd, gbpusd, even eurjpy is also good but as time goes on you can proceed to trying other currency pair and analyzing them for good trading opportunity.

    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 Ramnit is an unknown quantity at this point Ramnit's Avatar
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    Quote Originally Posted by imranghori View Post
    I have started with trading USD/EUR and I recommend every newbie to use this currency pair. Because with it you can trade easier and oversee the market and its developments.
    For new trader I think it is best to concentrate for one pair. many trader trade in EUR/USD. New trader can take advantage from this, with studying more detail for EUR/USD, they can get many valuable information from sharing with fellow 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.


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    Senior Member johntra is an unknown quantity at this point johntra's Avatar
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    Focus to conduct transactions in a single pair alone, it is difficult because we are often tempted by the other pairs are usually directly perform OP on several pairs automated money management to violate the rule if there is only enough funding for one pair only resistance.

    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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  6. #1096
    Member iwahyudi is an unknown quantity at this point iwahyudi's Avatar
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    Once I start trading on a live account using the EURUSD, the reason being that it is one of the major pairs mean much news release relating to the pair and this makes it easy beginner to generate profit by trading news, trading news Why? because by doing so beginner trading news perlalu not too dizzy to analyze, use hedging techniques to make a trap, I promise to do this beginner can get profit easily.
    Your free healthy tips in here
    if my post is useful for you, please give thanks for me

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    Banned imranghori is an unknown quantity at this point imranghori's Avatar
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    I have started with trading USD/EUR and I recommend every newbie to use this currency pair. Because with it you can trade easier and oversee the market and its developments.

    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. #1094
    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 mical View Post
    a new trader should select a currency pairs which moving is very well and spreed is low then other pairs .eurusd is one of them ,so a beginner can start his trading in this pairs because maximum broker house offer low spreed in this pairs ,and a new trader should not choice a exotic currency pairs which spreed is very high .
    yes the use of low spread volatile pairs is always a good idea for a forex newbie to use. It helps a trader to make sure that they use the right trading pairs and make the best of results in their forex trades.

    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 Chelsea91 is an unknown quantity at this point Chelsea91's Avatar
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    EUR/USD is the most recommended pair for all beginners due to many reason, it is low spread and volatile and safe in the same time, also there are good pairs like AUDUSD and GBPUSD, you'd better avoid all the JPY pairs because they are unsafe

    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. #1092
    Member venus is on a distinguished road venus's Avatar
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    Quote Originally Posted by inayah View Post
    It's okay, if you want to learn to use the other pair but depends also from the point of view of each trader because the disparate views. There are more inclined to make a single pair trading is enough but there are also interested in trading Multipair.
    If you still didn't master one pair yet so it's better to use single pair trading only because it's too risky to use multiple pairs trading if you're not ready with the risk using more pairs. And also, if you want to use multiple pairs, it's better to use pairs which has correlation like EUR/USD with GBP/USD or EUR/USD with USD/CHF. It will be easier to manage when the direction of those pairs are similiar.

    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.


  11. #1091
    Senior Member Limau89 is an unknown quantity at this point Limau89's Avatar
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    from years ago ......I prefer to use .............GBP/USD for now than EUR/USD ............it seems there are many other options that pair can be traded for beginners, including those also can use the pair that will take them on a good tradebecause EUR/USD is not quite stable in its movement. It was because of condition
    countries in Europe which has many troubles and affected to Euro curreency. It's a little bit harmful for me to use EUR/USD as 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.


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