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Thread: Currency pairs to start with as a beginner?

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    Banned denira has a spectacular aura about denira has a spectacular aura about denira's Avatar
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    I personally recommend for a newbie to trading on the USD / CHF pair because the movement is quite smooth unlike the pair GBP / USD that sometimes its movement back and forth in a fairly large range

    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 siberian View Post
    I didn't use GBP/JPY because its spread is too high although its movement is good enough. I prefer to use GBP/USD
    as my references because it's much lower spreads and its movement is fast enough for me.
    yeah i know, GBP/USD and EUR/USD have smallest spread than other pairs. but gbp/jpy is good to for begginer.

    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 denira has a spectacular aura about denira has a spectacular aura about denira's Avatar
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    Quote Originally Posted by siberian View Post
    I didn't use GBP/JPY because its spread is too high although its movement is good enough. I prefer to use GBP/USD
    as my references because it's much lower spreads and its movement is fast enough for me.
    yeah,, what you say true friends that the movement of the GBP / JPY spread is too high for me and I also traded on the pair EUR / USD and GBP / USD which I think has pretty good movement and the spreads are as low as 3 pips

    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 siberian is on a distinguished road siberian's Avatar
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    Quote Originally Posted by pivot-trader View Post
    yeah, in the fact my opinion is same with you, but ussually i use GBP/JPY too to trading. this pairs have big volatile.
    I didn't use GBP/JPY because its spread is too high although its movement is good enough. I prefer to use GBP/USD
    as my references because it's much lower spreads and its movement is fast enough for me.

    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 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.
    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

    So its upto you. GBP-USD & EUR-USD are d most traded currency pairs so most people advice to start trading these pairs. but no hard & fast rule is there
    Pliz do comment here if you like the post

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    Quote Originally Posted by zoomfire View Post
    I feel that newbies should start trading with basic currency pairs like EURUSD,GBPUSD.
    these 2pairs are really good and particularly EURUSD will have less spreads with some brokers and it is also less volatile.
    yeah, in the fact my opinion is same with you, but ussually i use GBP/JPY too to trading. this pairs have big volatile.

    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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    I feel that newbies should start trading with basic currency pairs like EURUSD,GBPUSD.
    these 2pairs are really good and particularly EURUSD will have less spreads with some brokers and it is also less volatile.

    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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    I think as a beginner its good to start with low movement currency pairs and for this EUR/USD is the best but at the same time have to ability to manage money mangement also . anyway if anyone continue with few pairs only for long time then its better for him and i also doing this from many days.

    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 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.
    tone is not always a friend to start with one partner to understand well how the characteristics of the pair unag and if it is able to master the characteristics of a currency pair such unag maybe you can switch to the other study

    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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    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.

    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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