As each trader is exceptional, he can select different sort of trading modules which will not be same as others. From my observation what currency pairs are significant for me may not be that much important for the others. I love to trade with major currency pairs. What I really like about major currency pairs is: these pairs are involving with lower variability and I can make an idea easily.
trading on majors is the only way to go for me.
Atchris posted:same here. i've been trading in majors since day one and now i don't feel comfortable changing.
trading on majors is the only way to go for me.
Jul 28 2019 at 21:50
maria_taylor posted:Hi Maria,
Which is the best currency pair for trading and in how many pairs you trade generally?
You must know which are the strongest and weakest currencies before you even go to your charts, if you're trading long term, you look for the fundamentals, if you're day trading, you look for the sentiment.
maria_taylor posted:No best currency pairs!
Which is the best currency pair for trading and in how many pairs you trade generally?
Jul 31 2019 at 21:32
Minhthang2603 posted:hi,maria_taylor posted:No best currency pairs!
Which is the best currency pair for trading and in how many pairs you trade generally?
Why do you think that?
Atchris posted:
trading on majors is the only way to go for me.
Stick with majors. Low spreads, most predictable price movement, loads of data to get your teeth into
Aug 06 2019 at 07:49
There are the MAJOR currency Forex pairs that are paired with the U.S. Dollars which are known as the best currency pairs for trading.
• GBP/USD
• EUR/USD
• NZD/USD
• AUD/USD
• XAU/USD
• XAG/USD
Gold and Silver is also included in this list since they are quoted in U.S. Dollars and are traded regularly.
• GBP/USD
• EUR/USD
• NZD/USD
• AUD/USD
• XAU/USD
• XAG/USD
Gold and Silver is also included in this list since they are quoted in U.S. Dollars and are traded regularly.
These pairs suck at the moment because interest rates are so low and volatility is down the pan. Better to focus on more exotic pairs now and cross pairs because there is more price movement.
willtradr posted:
I prefer to trade on majors.
Same here besides I am very much interested on crypto trading instruments; although right now I am practicing in demo.
according to me, all currencies in Forex trading are good, just we have to experience with them by trading . We can trade all major currency in our demo account. Because we can see here the pairs performance how it works.
Nov 28 2019 at 20:10
I may suggest trading USD/GBP, especially if you know English only. It's hard to trade currencies if you don't know country's language, as you will get all news with delay. It's also good trade local currencies, like NZD or AUD, but you need to pay a lot of time to analyze trends :)
Dec 12 2019 at 11:39
willtradr posted:Same here. It has low spreads and you can read movement to understand and predict better.
I prefer to trade on majors.
Dec 19 2020 at 12:24
I think best currency pair in the forex market is EUR/USD. I love this pair very much.
Jan 08 2021 at 09:35
You can probably look at USD/CAD, GBP/USD, AUD/USD, etc. Try to stick with some major currency pairs in the beginning.
Jan 08 2021 at 09:36
You can probably look at USD/CAD, GBP/USD, AUD/USD, etc. Try to stick with some major currency pairs in the beginning.
Stick to the majors as others said. The spread is very low. I would avoid pairs that is so much volatile at the beginning as it will reach stoploss levels faster.
Trading is a marathon, not a sprint.
It is always more profitable to trade instruments that have a narrow spread. The narrower it is, the fewer points between the divergence price and the demand price, which means there is less loss for the trader when closing a deal
