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Thread: Currency pairs to start with as a beginner?

  1. #910
    Junior Member viana is on a distinguished road viana's Avatar
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    I think as a beginner, trader must start with the major pairs which are EUR/USD, GBP/USD, and USD/JPY as those are the most pairs traded in the market. Stick only to one pair at a time for you to observe well the flow of it. Happy trading!

    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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    Member Ronak will become famous soon enough Ronak will become famous soon enough Ronak's Avatar
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    Quote Originally Posted by WINOTO View Post
    for novice traders, they had to use a pair that has low spreads that could make them not so much to make the cost of trading and low spreads can make a profit too easy. couples who have low spreads are EUR / USD
    yeah you are right ..i also started with the eur usd and gbp usd because i have chosen to do scalping style and thats why i needs morre volatile pair ..and i also made a much profit from that..thats why i recommend to novice trader for more earning and learning use a eur usd and gbp usd most..
    "We dont get paid for activity, just for being right. As to how long we will wait, well wait indefinitely."- The Legend Warren Buffett."

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    Banned abbey ak will become famous soon enough abbey ak's Avatar
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    well as a beginner i think i will advise all newbies to trade all pair and see the very best pair that is very profitable then we can tell the best way to trade and earn profit in the market thats what i really think regarding the best pair to trade with because the more you trade a pair the more you get to know more about 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.


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    Member mmm2013 is an unknown quantity at this point mmm2013's Avatar
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    I think that too many currency pairs, but I think it's better to choose only one pair and study it well so that it can be profitable through easily because the frequent dealing with different couples could be caused by your loss

    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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    Member venus is on a distinguished road venus's Avatar
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    Quote Originally Posted by kh.hasan View Post
    I think the best Currency pairs to start trading with as a beginner is major pairs :
    - USD/JPY
    - EUR/USD
    - GBP/USD
    - USD/CHF
    - USD/CAD
    - USD/AUD

    The reason is they have small spread and high liquidity most of the times.
    I think USD/JPY, USD/CHF, and USD/CAD are not major pairs but those are cross pairs. Major pairs which I know are EUR/USD, GBP/USD and AUD/USD only. I think it's good for all beginners to start trading with major pairs because there are many traders who used major pairs as pair for their strategies and it's possible if the strategy was suitable with us.

    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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    we can learn each caharacteristic of currency pair beffore we selected which one that good for us..no matter what currency pair that you want to trade..if we understand the character of pairs its will profitable for us,and we better foccus in one currency pairs first..mastered it and be profit!!goodluck!

    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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    Member napkin is an unknown quantity at this point napkin's Avatar
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    As my calculation I didn't use GBP/JPY because its extend is too flooding though its movement is dandy sufficiency. I elevate to use GBP/USD. as my references because it's overmuch devalue spreads and its defecation is meteoric sufficiency for me.

    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. #903
    Senior Member Lyubov is an unknown quantity at this point Lyubov's Avatar
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    logic with one pair first learned it's easier than learning a many pair. you do not need to worry, with proper knowing fully one pair then you can be used to reap profit. Identify the characteristics that typically includes daily range, sensitivity to line pivot-support-resistance, sensitivity the pair to news and other . you also need to know the characteristics of the indicators used to analyze 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.


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    Judging from the current volatility of the euro, a new trader may want to trade pairs that contain the euro. The recent economic activities of the euro zone has kept the euro on constant fluctuation in the market. One with a reliable source of news pertaining to the euro zone could make alot of profits from trading any pair containing the eur.

    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. #901
    Senior Member assi will become famous soon enough assi's Avatar
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    we should always look to see the good pairs which have the daily natural movements so that we should be able to get the money from the forex if we will be able to manage more money good and if we can not do this well then we may not be able to manage the more good money from forex

    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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