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Thread: Currency pairs to start with as a beginner?

  1. #370
    Member over580 is an unknown quantity at this point over580's Avatar
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    I focus on the two currencies on the trade
    eurousd and GBPUSD
    I used to trade in many currencies, but I became confused
    and with two currencies, I became more focused, and know more about the character of the currency

    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.


  2. #369
    Senior Member jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai's Avatar
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    there are some decent main pair for consideration. in my opinion, gu, eu and au pair is right for a beginner. movement of the pair is very volatile and easier to predict. while the cross pair is very difficult to predict, in addition, spread is also greater.

    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. #368
    Senior Member anitagala124 is a name known to all anitagala124 is a name known to all anitagala124 is a name known to all anitagala124 is a name known to all anitagala124 is a name known to all anitagala124 is a name known to all anitagala124's Avatar
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    I prefer the main pair as GU and EU. AU actually also have a high volatility. together with the eu and gu. just less familiar than the eu and gu. I do not recommend cross pair, because we have to learn two different pairs and have an equally strong influence.

    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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  5. #367
    Member Techno is an unknown quantity at this point Techno's Avatar
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    Quote Originally Posted by sagar View Post
    If you are a newbie...EUR/USD is a good newbie pair to trade with. But don't be so confident with this pair because it has some erratic movements and spikes specially during news releases. Trade with cautions and always protect your account all the time.
    although euro usd pair that looks like an easy to dipelajar, but in fact many traders who have failed in trading.
    I think we still need a proper trading strategy to be trading well.
    and attitudes necessary discipline.
    so that trade can work well.

    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. #366
    Member manibhai2012 is on a distinguished road manibhai2012's Avatar
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    Quote Originally Posted by pivot-trader View Post
    Currency pairs to start with as a beginner?
    mere khyal sa all major pairs trade krne k liya han aur newbie ko chiye k woh phle euro/usd aur euro/jpy k pair pa gor kre kiun k ya do ase pair han jo market ma kafi tez movement k liye jane jate han is liye agar koi newbie currency pair ma trade krna chata ha to woh eur/usd aur euro/jpy k pair ko pakar la.

    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. #365
    Banned kazol76 is an unknown quantity at this point kazol76's Avatar
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    Quote Originally Posted by mrinalini View Post
    It is true that all the pairs move up and down and this is a market so all the pairs will have pip movements but a trader needs to identify one pair and then trade in it and try to master it to make maximum profits in these markets .
    This is very nice thing if we come master few of pairs not all, cause Forex have many instrument to trade but we does not able to collect all information about all pairs daily to trade good, so I think just few of pairs must handle to trade well in this market for better result, less knowledge pairs will kill our balance. Thanks

    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. #364
    Member bigearners will become famous soon enough bigearners will become famous soon enough bigearners's Avatar
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    Quote Originally Posted by mrinalini View Post
    It is true that all the pairs move up and down and this is a market so all the pairs will have pip movements but a trader needs to identify one pair and then trade in it and try to master it to make maximum profits in these markets .
    yeah, for a new stick with single or two pairs are fine not more than that will create hassles and problem for managing the pair for trader.. And keep in mind that all newbies start trading with currency not jump directly to commodities that will quite risky and may leads to account blown away.
    Quote Originally Posted by mandeeprana View Post
    naye traders ke liye eur/usd pair hi sabse acha pair mana jata hai kyunki is pair ko study karna bahut hi easy hai aur is pair ke fundamentals bhi easy tarike se study ho jate hai..har trader ko shuru ke dino me issi pair se trading shuru karni chahaiye
    Haan, mein bhi EU ko hi suggest karunga kyonki iske baare mein detail, news aur analysis karna other pairs ke mukabale kaafi aasan hai aur ye world ki major currencies hai toh news aur forecast wagrah bhi easily mil jaati 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.


  9. #363
    Member sagar is just really nice sagar is just really nice sagar is just really nice sagar is just really nice sagar is just really nice sagar's Avatar
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    If you are a newbie...EUR/USD is a good newbie pair to trade with. But don't be so confident with this pair because it has some erratic movements and spikes specially during news releases. Trade with cautions and always protect your account all the time.

    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. #362
    Senior Member rakesh is just really nice rakesh is just really nice rakesh is just really nice rakesh is just really nice rakesh's Avatar
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    EUR/USD is one of the major currency pair in forex market that is good for newbies in forex and the best session to trade it with is Asian session. I choose Asian session because in general the market is calm during those times. Less risk for those who are new in 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.


  11. #361
    Senior Member amit will become famous soon enough amit will become famous soon enough amit's Avatar
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    I agree with the opinion expressed by anlyssa and siberian - each pair has different behaviour and in order to succeed making profits we should understand the pair well, know its resistance and support levels and that is possible only if we deal in one or two pairs, dealing in many pairs may mess things.

    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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