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Thread: Currency pairs to start with as a beginner?

  1. #630
    Senior Member Ramnit is an unknown quantity at this point Ramnit's Avatar
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    Quote Originally Posted by 100 to 1,000 View Post
    each currency pair has different characteristic and if you want to master one of it then you must spend a lot of time.
    it really does not matter which currency pair that you want to use at the first time as long as you stick to it until you master it.
    there is no pair that is easy for traders, because there will always be the risk that we will get in any pair of transactions that we use .. we should be able to understand the character pair well before using it, and it can maximize the good results ..

    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 100 to 1,000 is on a distinguished road 100 to 1,000's Avatar
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    each currency pair has different characteristic and if you want to master one of it then you must spend a lot of time.
    it really does not matter which currency pair that you want to use at the first time as long as you stick to it until you master it.

    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 ayakcalysta is an unknown quantity at this point ayakcalysta's Avatar
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    Quote Originally Posted by subrata View Post
    although there is lot of currency pairs offered to forex traders if you are beginner it is easier to start with major currency pairs EUR/USD
    is true for novice traders are encouraged to use the currency pair EUR / USD because it is more easily understood by a novice trader, and not recommended for novice traders to use another currency pair as it will make a beginner trader

    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 embrio is on a distinguished road embrio's Avatar
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    Quote Originally Posted by ChamathNC View Post
    AUD/USD and EUR/USD have smallest spread than other pairs. but gbp/jpy is good to for begginer
    I agree with your opinion, would be better if traders start to trade the pair EURUSD and AUDUSD, because this pair has a small spread, so that would be suitable for their 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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    Quote Originally Posted by ChamathNC View Post
    AUD/USD and EUR/USD have smallest spread than other pairs. but gbp/jpy is good to for begginer
    Currency pair to start with a beginner! if you ask me as a beginner, it is helpful to use the Exchange shadow let the novice is not really a 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.


  6. #625
    Banned mony1 is on a distinguished road mony1's Avatar
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    The best couples dollar, euro and Japanese yen and the pound sterling, but pair start only after gaining experience and then can be traded after the 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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    Member sujarman is on a distinguished road sujarman's Avatar
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    Quote Originally Posted by Prolific Entity View Post
    True. The eur/usd is an interesting currency pair to trade in the forex market, and newbies may find it easier to deal with this very currency pair than other pairs. There is less risk in trading the eur/usd pair, so newbies can stick to this pair until they advance their trading skills to handle other pairs as well.
    to start an online business we have to try his premises real money is not used to avoid the loss of a beginner with it we can know and do not be afraid to try.

    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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  9. #623
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    Quote Originally Posted by pivot-trader View Post
    Currency pairs to start with as a beginner?

    What currency pairs would you suggest to start with as a beginner? Would you suggest to stick with the same pairs? Thanks a lot.
    When anybody start Forex. He or she must should trade one pair only major currency. I request Gbp/Usd or Eur/Usd is best for as a beginner trader. new comer must minimum one year trade only one Currency pair trade then Try two Pair try next six month .
    Fear arise from our inner resistance to change. I welcome change.
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    Member ayakcalysta is an unknown quantity at this point ayakcalysta's Avatar
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    Quote Originally Posted by Prolific Entity View Post
    Try trading the eur/usd currency pair first on the demo account to see how well that will work for you. It has low spread and its constant fluctuation does not always pose much threat whether there's a down or up trend in the forex market.
    for novice traders are encouraged to practice with a demo account as demo account helps the novice trader to find out how well the ability to play trading. because in our demo account to learn trading without the worry of losing money.

    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 zahira View Post
    I do not trade on basis of other signals or signals provided by other traders or posted on different websites as reliability on these signals is still a question mark.So I prefer to perform my trades based on my own study and calculations.
    Nature of the case, when the trader has a good analysis, it will get good results, and personally, I relied on technical analysis of the coin, and this is what gives me a good profit

    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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