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Thread: Currency pairs to start with as a beginner?

  1. #520
    Member 3mala is on a distinguished road 3mala's Avatar
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    i agree with you that eur/usd is very good pair for trading.
    we can learn forex very well with this pair and one thing more this pair have movement in both side. its not moving in sideway.
    indicator is also working good on this 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 3mala is on a distinguished road 3mala's Avatar
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    I think EURUSD is the best pair for any newbie to start trading with and they can make profits from this pair as the movements are more and quick in this pair and it is easier to do analysis for this 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.


  3. #518
    Banned deep is an unknown quantity at this point deep's Avatar
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    As a beginner it is adviced that you start with low spread pairs that have good liquidity. Good examples of these are EUR/USD, GBP/USD and USD/JPY. It is important that the newbie avoids high spread pairs as he may not be able to stand the sudden negative minus that he may encounter as soon as the position is opened.

    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.


  4. #517
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    Agreed, Eur/Usd is the best for newbies as well as experienced traders. every trader love to trade in it. this pair control the whole market and on international level these currencies common currencies and excepted. daily movement about 200 pips and easy analysis.

    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 kawish44 View Post
    As per my opinion a newbie should start trading with any currency which he is analysing and trading positive way but most of the trader suggest that EUR/USD ,GBY/USD is the best for newbies .because they move forth and back slowly .
    The Eur/Usd is te best one for forex trading, i trade with it from 2 years, i try to change the pair currency money time but i discover that no one is easy and good like the 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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    Quote Originally Posted by irungu50 View Post
    I would say trade with currency pair that you would understand most say you trade with EUR/USD GBP/USD,USD/CAD AUD/USD. such pairs are very helpful because you would understand their partten, but the best that you would trade with if you are a beginner is EUR/USD and GBP/USD, they are volatile and easy to trade.
    Major pairs should become most priority pairs for trading than other pairs because it's easier to trade using major pairs so
    trading with currency pairs are more considered than other pairs. And usually, traders like to use USD currency in the pair
    because USD currency was used by all countries.

    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.


  7. #514
    Banned deep is an unknown quantity at this point deep's Avatar
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    most of newbies start with the forex ...with scalping trading style so basically the y need pair that has more fluctuation and everybody knows that eur usd and gbp usd is best..so basically this two pair is best to start with

    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. #513
    Junior Member kawish44 is an unknown quantity at this point kawish44's Avatar
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    As per my opinion a newbie should start trading with any currency which he is analysing and trading positive way but most of the trader suggest that EUR/USD ,GBY/USD is the best for newbies .because they move forth and back slowly .

    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 seri is an unknown quantity at this point seri's Avatar
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    In the first time, currency pairs are the best choice and many expert traders suggested to use major pairs in the first time
    of trading because it's easier to use major pairs than any other pairs. If you have chosen certain pair, it's better to focus on
    learning that pair. Don't use more than 2 pairs for trading in a time, it's hard to concentrate with more than 2 pairs when you
    still didn't understand 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.


  10. #511
    Member rahulsagar is an unknown quantity at this point rahulsagar's Avatar
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    according to my experinence i started with most volatile pair..because i have started with scalping and still doing good with scalpingg

    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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