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Thread: Currency pairs to start with as a beginner?

  1. #880
    Senior Member boniez is on a distinguished road boniez's Avatar
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    yes, it's a beginner we have to find where a good strategy, I mean in a currency that match where I think it matches the currency's views of how a trader to use it, especially as we often experience.

    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 gsaerva is an unknown quantity at this point gsaerva's Avatar
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    For me i prefer to enters the markets with the EURUSD pair that is easier to observe the direction of market movements, as well as the spreed in the pair was in my opinion it is easier to manually count how strong balance we have, because for starters it is the basis for the newbie to be able to do their Money Managment !!

    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 msm is an unknown quantity at this point msm's Avatar
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    Quote Originally Posted by pivot-trader View Post
    What currency pairs would you suggest to start with as a beginner? Would you suggest to stick with the same pairs? Thanks a lot.
    I prefer to open first trade in EURO/USD, it is most stable and moving around 100-50 pips per day, so we can take profit in every day by taking of the pips. Also there are another volatile pair that is EURO/JPY, we can follow it to take profit also.

    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 mr kashif View Post
    i think beginner k liye to sab he best hoty hai q k wo sahe se nahi janta hia & loss karta hai forex main par agar dekha jae to newbie ko usd/eur main trade karni chahiye q k ye profitable hota hai & rating bhe ziyada hai!
    When i started to learn forex i asked many traders which pair to start up with. many traders told me to start with EUR/USD because it has big movements which generates many chances of good positions over the day

    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 mr kashif is on a distinguished road mr kashif's Avatar
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    i think beginner k liye to sab he best hoty hai q k wo sahe se nahi janta hia & loss karta hai forex main par agar dekha jae to newbie ko usd/eur main trade karni chahiye q k ye profitable hota hai & rating bhe ziyada hai!

    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 monsterzz View Post
    currency pairs should be chosen by the newcomer to the world of forex is the USD / AUD because here stable price movements and price movements rarely occur suddenly. But most newcomers to choose the currency pair EUR / USD because of the movement of the price is relatively very fast.
    I think it is eur-usd. I have been trading on this pair for a long time and I have found this pair most prolific and fruit full. Beginners should try on this pair on their demo first to find out whether it is prolific for them or not.

    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 theplayer17 is an unknown quantity at this point theplayer17's Avatar
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    for starters I think it is safe to play in the long term trading and a pair of the most easy to master, a sort of AUD / USD and EUR / USD.

    yup, that's right! then the most appropriate strategy is price action with a higher timeframe trading or long term, because of the higher time frame, the easier it is to read. better mastered first placement support and demand, search pinbar and understand candlestick pattern. good article: D

    play long term in my opinion is safer for beginners.

    learn, learn and keep learning ^. ^ v

    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. #873
    Member monsterzz is an unknown quantity at this point monsterzz's Avatar
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    currency pairs should be chosen by the newcomer to the world of forex is the USD / AUD because here stable price movements and price movements rarely occur suddenly. But most newcomers to choose the currency pair EUR / USD because of the movement of the price is relatively very fast.

    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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    Quote Originally Posted by mojacko View Post
    newbies should always trade with EURUSD and GBPUSD.its recommended one.because most of the website provides analyses and news about them.And trading currencies like NZDUSD is somewhat difficult as it has high spreads and prediction of reaction is difficult too.
    it is crucial that somebody that begin buying and selling foreign exchange begin with EURUSD since it is probably the most popular and many suitable for just about any kind of specialized evaluation. following the investor know the items he then may leap with other foreign currency set such as GBPUSD or perhaps the animal GBPJPY.

    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. #871
    Senior Member Hansip is an unknown quantity at this point Hansip's Avatar
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    Quote Originally Posted by mojacko View Post
    newbies should always trade with EURUSD and GBPUSD.its recommended one.because most of the website provides analyses and news about them.And trading currencies like NZDUSD is somewhat difficult as it has high spreads and prediction of reaction is difficult too.
    No pair is better than another because all the pairs subject to the same fundamentals of analysis, whether technical or fundamental, but the difference between them is according to the capital that you speculated tags, there are pairs need to capital-intensive as the Range of movement is much like Gbp/Jpy, and there are pairs another rate risk where Less because the speed is slow to some extent, such as EUR/USD

    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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