Which Pair to trade for a beginner -
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thread: Which Pair to trade for a beginner

  1. #11
    Junior Member klacid135's Avatar
    27
    I think go Together with the majors

  2. #12
    Junior Member michel-28's Avatar
    20
    The traders who are particularly beginners need to decide on the pair that has comfy trading spreads rather than volatile as like EUR/USD. This can be good for them to lead a comfortable trading existence with certainly, since the market is a lot volatile and some other volatile trading pair could be harmful for the newcomers due to lack of exact market principle.

  3. #13
    Junior Member elyiyi78's Avatar
    26
    I believe GBPUSD also changes with time grip USD on account if this currency will most powerful than GBP might will giving advantage, but should happen reverse condition hold USDmight worth currency also will feeble than GBP.

  4. #14
    I believe that you should try different currencies for at least 2 weeks before you decide. There's no single answer.

  5. #15
    Junior Member elyiyi78's Avatar
    26
    I usually trade the currency pair which offers great opportunities to make profit in the point in time. However, I favor EUR/USD on account of this fact that is fairly predictable in contrast to many currency pairs.

  6. #16
    Senior Member M-apk's Avatar
    187
    I usually trade the currency pair which offers good opportunities to make profit at that point in time. But, I favor EUR/USD on account of this fact that is fairly predictable compared to a lot of currency pairs.
    What other currency pairs do you prefer? Do believe that some currency pairs offer more opportunities than others? That is.

  7. #17
    Junior Member Izan's Avatar
    19
    Yes, EUR/USD will be best alternative for you if you want to work with no more than 1 trading pair! By the way, for learning purpose, limited trading pair is a great option! But, if you want to be a profitable Forex trader than you want to use several kinds of trading tools from Forex to CFDs instruments! Attempt to add more tools in your chart gradually.

  8. #18
    Senior Member M-apk's Avatar
    187
    Yes, EUR/USD would be best option for you in the event that you would like to work with no more than 1 trading pair! For learning purpose trading pair is actually a good option! However if you would like to be a successful Forex trader than you need to use various types of trading tools out of Forex into CFDs instruments! Attempt to add more tools in your chart gradually.
    Why do you believe EUR/USD is the best option for a newbie? I, personally, find it incredibly volatile and difficult to exchange.

  9. #19
    Member Tyer0's Avatar
    30
    It is a dead end for a newbie to focus on a single pair. Avoid that mistake. Currency moves are interrelated. If one is sold, another one is purchased, and it does not need to be confined to a single pair.

    Study the majors vs the crosses vs commodities. Take a fantastic look in this combo to begin with: Oil USDCAD AUDUSD CADJPY. Do they have anything in common...? Which ones proceed together?

    Or about EURUSD, GBPUSD and EURGBP? There is a ready made option for you, right there. Can you see it?

  10. #20
    Junior Member JpGmLdP's Avatar
    26
    Personally, I believe EUR/USD is a great pair that you can start with. If you like, you can exchange USD/JPY GBP/USD, and USD/CHF. It's great for you to see the price movement live, and see the way it respond to the news and feel the pulse of the Currency Market market. The great time that you can do this is from around 3am to 12pm EST because it transfer quite abit. I live in Hawaii, and it's difficult for me to see the market throughout the evening.
    EURUSD, GBPUSD and USDJPY would undoubtedly be my best 3 for newer traders to start out with.

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