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Thread: Currency pairs to start with as a beginner?

  1. #250
    Member niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex's Avatar
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    i agree with you that eur usd is the best pair for newbie,
    i am also when still a newbie in forex , i trade and only know in eur/usd, because eur/usd is the famous pair and suitable for a newbie, and also beside eur/usd i think gbp/usd is also good for newbie.

    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. #249
    Member kaji will become famous soon enough kaji will become famous soon enough kaji's Avatar
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    to start trading in the forex market, we can choose any pair in accordance with what we want. but my advice is we should trade the pair are in liked many people like EURO USD. I suggest this because we are going to be easy to find friends and exchange strategy discussion

    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. #248
    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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    yup, all pair what you post before is good for newbie trader because it pairs have small spread..
    but i advice to newbie to trades in eur/usd or gbp/usd only. because they must focus in slight pair not in many pairs, so they can find the character of pairs if they focus on it 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.


  4. #247
    Member GaruL is on a distinguished road GaruL's Avatar
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    Quote Originally Posted by siberian View Post
    I am agree with you. It will be better if you can master one pair one by one because it's easier to understand it with focussing in
    one pair only than you used more than one pair. If you used multiple pairs directly, from my experience then it will be longer to
    know characteristic each of them.
    i agree, we should focus first on one pair, so we can better understand the daily movement and get to know the right time to enter and exit the market, and we should choose a pair that do not get too aggressive, so we are much happier 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.


  5. #246
    Junior Member papazakiyya is an unknown quantity at this point papazakiyya'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.
    for a beginner in forex trading, you should choose the pair that have the small risk and easy to understand the character pair.

    I think the pair USD / JPY pair that is suitable for beginners, as well as the risk is smaller (smaller spreads), are not too volatile and easy to understand his character.

    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. #245
    Highly Reputed Member ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara's Avatar
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    Quote Originally Posted by siberian View Post
    I am agree with you. It will be better if you can master one pair one by one because it's easier to understand it with focussing in
    one pair only than you used more than one pair. If you used multiple pairs directly, from my experience then it will be longer to
    know characteristic each of them.
    One pair like the EUR/USD is good for the newbies to actually use it in trading. With concentration, currency pairs can be learned well and we deeply rely on it and trade with it in forex exchange 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.


  7. #244
    Trusted Member sangam is just really nice sangam is just really nice sangam is just really nice sangam is just really nice sangam's Avatar
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    Quote Originally Posted by siberian View Post
    I am agree with you. It will be better if you can master one pair one by one because it's easier to understand it with focussing in
    one pair only than you used more than one pair. If you used multiple pairs directly, from my experience then it will be longer to
    know characteristic each of them.
    It is for us to decide whether we are trading in Multi pairs or just trading in one pair. And the main advantage of trading in one pair is that it will give us the ability to understand and focus on single currency pair and that will lead us into getting more information about the same. And with information and focus comes the profits.

    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. #243
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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.


  9. #242
    Banned siberian is on a distinguished road siberian's Avatar
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    Quote Originally Posted by alyssa View Post
    Yes, it's better to master one pair in a time so we can understand the characteristic of certain pair. It's easier to gain profits from pair
    which we have known its characteristic. And then you can move to another pair as your choice, for learning new pair. If you want to use
    one pair only, that was fine too.
    I am agree with you. It will be better if you can master one pair one by one because it's easier to understand it with focussing in
    one pair only than you used more than one pair. If you used multiple pairs directly, from my experience then it will be longer to
    know characteristic each of them.

    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. #241
    Member donofforex will become famous soon enough donofforex'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.
    hnn ager app new ho forex trading main or currency pair select karne main koi dushwari hoti ha to phr main app ko yahi mashwera doun ga k app eur/usd trade karain kioun k ye pair kafi ziyada pips deta ha esi liye sab es par trade karna chatey hane main khud bhi sirf es ko he use karta houn

    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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