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Thread: Currency pairs to start with as a beginner?

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    Senior Member Jack is on a distinguished road Jack's Avatar
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    Quote Originally Posted by mark View Post
    I love to trade EUR USD and GBP USD currency pairs. These two are widely traded and very volatile especially during the evening (In India) when the london and newyork sessions are running. USD JPY and GBY JPY are my other favorite pairs.
    Yes, EUR/USD, GBP/USD two pairs are most attractive pairs of Forex trading. Many of experienced traders used these two for daily their trading, most of time these pairs are provides opportunity to traders for earn profits. If traders focus only on one pairs from these two, they may get success early in Forex 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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    Senior Member mark is an unknown quantity at this point mark'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 love to trade EUR USD and GBP USD currency pairs. These two are widely traded and very volatile especially during the evening (In India) when the london and newyork sessions are running. USD JPY and GBY JPY are my other favorite pairs.

    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 saad is an unknown quantity at this point saad's Avatar
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    Currency pair to start with depends on the trader in which they like to trade, i think the beginners should trade on euro usd as this has speedy movement and it can be understood easily.

    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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    I think it's better to start trading with pair which has USD currency because pair which has USD currency usually is more volatile than another pair. Pair with USD currency could be classified as major currency pair and cross currency pairs which are used by almost all traders. It's easier for beginners to use major pairs in the first time in learning 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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    Quote Originally Posted by p2000 View Post
    its like asking from which dish i should start eating. lol
    if you ask a japanese he will advice you EUR-JPY, USD-JPY, a briton will say GBP-USD a canadian USD-CAD
    well but some newbie still face this problem when choose best pair for his trade, so dont blame OP if he asked this question bro ..
    but we can say popular pair is GBPUSD and EURUSD right

    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 yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh is a splendid one to behold yogesh's Avatar
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    Beginners are unaware of currency pairs, even some get confused why there are two cunrrency names in pair, i admin i too felt the same initially, in that regard trading in gold is quite easy and beneficial too, i dont there is any one who have not heard about gold or silver and do not know that their prices keep on rising every now and then.

    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 Md. Mosharaf hossain is on a distinguished road Md. Mosharaf hossain's Avatar
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    I think EUR/Usd, GBP/USD are the perfect currency pair to be traded by the newbies because of its low volatility and low spread. I feel comfort in trading these pairs. A beginer can also chose USD/CHF pair for 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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    Senior Member Hansip is an unknown quantity at this point Hansip's Avatar
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    Quote Originally Posted by yaqoobali95 View Post
    eur/usd pairs beginners k liya best ha aik to is ka trend abruptly change nae hota our is ke news bhe asani sa mil jati han.
    Low spread is low risk so I prefer low spread but profitable doesn't depend on the spread loss margin depend on the spread. Low spread low risk less bother and high high spread high risk and high bother. So, till I become a professional trader I want to be in low spread.

    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 even89 View Post
    i think that every pair will be the right pair if we want to learn about the pair it self. why? because always there are different between one pair with the other. every pair has a habbit and time to make a big moving. jsut learn about this habbit. see track record. and backtest again and again!
    exactly what it says, we will not be able to trade without studying the character of the existing pair and with what you are saying it should be in this trade we start with a pair that had been from the beginning we have learned in our trade is

    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 even89 is on a distinguished road even89's Avatar
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    i think that every pair will be the right pair if we want to learn about the pair it self. why? because always there are different between one pair with the other. every pair has a habbit and time to make a big moving. jsut learn about this habbit. see track record. and backtest again and again!

    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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