Best currency pair for trading | Forum Forex de Myfxbook

Minhthang2603

Membre depuis Mar 05, 2017 posts 20

Jul 31, 2019 at 10:14

Membre depuis Mar 05, 2017 posts 20

maria_taylor posted:
Which is the best currency pair for trading and in how many pairs you trade generally?

No best currency pairs!

Jedimaster1

Membre depuis Jul 03, 2015 posts 10

Jul 31, 2019 at 21:32

Membre depuis Jul 03, 2015 posts 10

Minhthang2603 posted:
maria_taylor posted:
Which is the best currency pair for trading and in how many pairs you trade generally?
No best currency pairs!

hi,

Why do you think that?

TitusD

Membre depuis Jul 25, 2019 posts 10

Aug 01, 2019 at 09:47

Membre depuis Jul 25, 2019 posts 10

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

jaredtaylor

Membre depuis Aug 05, 2019 posts 50

Aug 06, 2019 at 07:49

Membre depuis Aug 05, 2019 posts 50

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.

Chikondi

Membre depuis Aug 06, 2019 posts 10

Aug 06, 2019 at 10:35

Membre depuis Aug 06, 2019 posts 10

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

Membre depuis Jul 09, 2019 posts 26

Sep 26, 2019 at 06:55

Membre depuis Jul 09, 2019 posts 26

I prefer to trade on majors.

AniLorak

Membre depuis Apr 18, 2017 posts 920

Oct 31, 2019 at 08:11

Membre depuis Apr 18, 2017 posts 920

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.

Imamul

Membre depuis Aug 09, 2017 posts 785

Nov 22, 2019 at 15:54

Membre depuis Aug 09, 2017 posts 785

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.

Andromaris

Membre depuis Apr 18, 2019 posts 30

Nov 28, 2019 at 20:10

Membre depuis Apr 18, 2019 posts 30

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 :)

feelsofine

Membre depuis Dec 09, 2019 posts 60

Dec 12, 2019 at 11:39

Membre depuis Dec 09, 2019 posts 60

willtradr posted:
I prefer to trade on majors.

Same here. It has low spreads and you can read movement to understand and predict better.

GeorgeBischof

Membre depuis Jul 19, 2020 posts 318

Dec 19, 2020 at 12:24

Membre depuis Jul 19, 2020 posts 318

I think best currency pair in the forex market is EUR/USD. I love this pair very much.

8christianpaul8

Membre depuis Aug 27, 2017 posts 121

Jan 08, 2021 at 17:12

Membre depuis Aug 27, 2017 posts 121

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.

Faujinn

Membre depuis Nov 02, 2020 posts 57

Jan 09, 2021 at 18:46

Membre depuis Nov 02, 2020 posts 57

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

almfx

Membre depuis Feb 13, 2017 posts 251

Jan 09, 2021 at 18:57

Membre depuis Feb 13, 2017 posts 251

There is no any best pair to trade.

The best currency is the one that has the bes opportunity.

Bradley88

Membre depuis Oct 20, 2020 posts 49

Jan 11, 2021 at 15:07

Membre depuis Oct 20, 2020 posts 49

I will be live trading soon and have four-month experience in demo trading, would like to know which currency pair would be best for a beginner to trade?

8christianpaul8

Membre depuis Aug 27, 2017 posts 121

Jan 11, 2021 at 16:43

Membre depuis Aug 27, 2017 posts 121

Hi @Bradley88, most beginners starts with the EURUSD pair as it more predictable on some sense. I prefer to stick to the majors because the spreads are low as well.

Trading is a marathon, not a sprint.

Ebin

Membre depuis Jun 08, 2020 posts 44

Jan 28, 2021 at 16:44

Membre depuis Jun 08, 2020 posts 44

Anyone currently trading with a better currency pair other than EURUSD? Because I'm looking to trade with two pairs simultaneously to improve my trading skills and profit.

Cordawield

Membre depuis Nov 03, 2020 posts 65

Feb 01, 2021 at 07:27

Membre depuis Nov 03, 2020 posts 65

As for me, today the most popular and relevant currency pair for trading is the Eurodollar.

Damayanti

Membre depuis Nov 19, 2020 posts 15

Feb 01, 2021 at 13:13

Membre depuis Nov 19, 2020 posts 15

for new trader ..USDJPY just BUY IF fall 500 point buy again ...again and again just wait and see you can get profit because this pair is safe heaven LOL

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EURUSD	1.0789	GBPUSD	1.25564	AUDUSD	0.66052
USDJPY	156.225	USDCAD	1.36732	USDCHF	0.90779