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Best pairs to start?
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snapdragon1970

Member Since Sep 12, 2015  1623 posts kieran (snapdragon1970) Dec 27 2016 at 14:15
It is a personal choice and what suits you best,how much do you care about spread,is it highly liquid,what effects it,etc.most people do start off on eur/usd,it doesn't mean you have to though.If your talking about understanding the market better you'll need to look at a few things:pmi,ism,billing,ports,retail,crb,bdi,eseu,esus,jobless,cci,steel index,bank credit,etc etc etc.

AnneB

Member Since Dec 23, 2016  14 posts AnneB Dec 29 2016 at 11:48
NEEnah posted:
AnneB posted:
There's no such a perfect pair for the first time you trade in Forex, however, it will always depend on what will be the best pair if you get to be updated with the news. I read the blog, and it is very helpful. You can check this one: https://itrader-reviews.com/ for reference. Recently, I just pair USD/EUR and I am feeling great with it.


I checked the link and I didn't see any clear reference to what you are saying. Maybe not necessary to post links like that referring to a brokerage website.


Hello Nina, apologies for I have posted the wrong link. At that time I was reading a lot of articles, and tons of tabs are opened. However, I have found the link that was meant for this thread.Try checking this one: https://itrader-stocks.com/faq/
Also, I don't refer any brokerage firm or whatsoever just want to share some helpful information :)
 

FiaJ

Member Since Dec 27, 2016  16 posts FiaJ Jan 02 at 08:55
adam4 posted:
It is excellent to try some pairs and if they work continue with them, then stop, then follow. But dollar, euro, gold are preferred by some.


Yes, that's what I did and found the best pair for me but somehow USD/EUR didn't work for me. But right now, I am into GBP/JPY and I love them.

FiaJ

Member Since Dec 27, 2016  16 posts FiaJ Jan 02 at 08:55
AnneB posted:
NEEnah posted:
AnneB posted:
There's no such a perfect pair for the first time you trade in Forex, however, it will always depend on what will be the best pair if you get to be updated with the news. I read the blog, and it is very helpful. You can check this one: https://itrader-reviews.com/ for reference. Recently, I just pair USD/EUR and I am feeling great with it.


I checked the link and I didn't see any clear reference to what you are saying. Maybe not necessary to post links like that referring to a brokerage website.


Hello Nina, apologies for I have posted the wrong link. At that time I was reading a lot of articles, and tons of tabs are opened. However, I have found the link that was meant for this thread.Try checking this one: https://itrader-stocks.com/faq/
Also, I don't refer any brokerage firm or whatsoever just want to share some helpful information :)
 


Hello Anne, I've checked the both links. I think the first one you sent doesn't have any relation with the best-traded pairs, however, I love the articles on that blog! They are easy to understand and well written, with the latter link I love the FAQ it helped me a lot and I gained new knowledge. Thanks!

snapdragon1970

Member Since Sep 12, 2015  1623 posts kieran (snapdragon1970) Jan 03 at 19:06
I look at community outlook to see what's happening, take for example at the moment CAD/JPY 86% SHORT JPY, time does lag a bit and I wonder how accurate this info is, what if I go long, can 86% be trading the wrong direction, I will let this run in demo see what happens.

romat

Member Since Aug 07, 2016  12 posts romat Jan 04 at 08:06
snapdragon1970 posted:
It is a personal choice and what suits you best,how much do you care about spread,is it highly liquid,what effects it,etc.most people do start off on eur/usd,it doesn't mean you have to though.If your talking about understanding the market better you'll need to look at a few things:pmi,ism,billing,ports,retail,crb,bdi,eseu,esus,jobless,cci,steel index,bank credit,etc etc etc.



Thank's for sharing Kieran

romat

Member Since Aug 07, 2016  12 posts romat Jan 04 at 08:06
snapdragon1970 posted:
I look at community outlook to see what's happening, take for example at the moment CAD/JPY 86% SHORT JPY, time does lag a bit and I wonder how accurate this info is, what if I go long, can 86% be trading the wrong direction, I will let this run in demo see what happens.



And please tell us how it turned out.

dragonEA

Member Since Jan 03, 2017  46 posts Dave (dragonEA) Jan 04 at 08:10
Start with major pairs first such as EURUSD GBPUSD

snapdragon1970

Member Since Sep 12, 2015  1623 posts kieran (snapdragon1970) Jan 04 at 12:07
Well as you can see this trade is doing really well at the moment we are up E956.88 on CAD/JPY @12.01PM who knows it might hit 90.00 but its levelling out at 87.94.I will move the stoploss up to 800 take profit.

david791

Member Since Jan 08, 2017  44 posts David791 (david791) Jan 08 at 15:08

best pair audnzd:)

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Exports (YoY) (2h 19min)
The Wall Street Journal: Humana, private...(1h 32min ago)
EURUSD 1.17507 GBPUSD 1.33221
USDJPY 112.611 USDCAD 1.28717
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