Best pairs to start?

Dec 21, 2016 at 08:07
2,264 Просмотры
51 Replies
Участник с Feb 08, 2017   6 комментариев
Feb 12, 2017 at 08:11
For a new forex trader it’s been confusing that how they should start and how much money they should invest in forex market and which pair should use in chart and which time frame they can use. in case of pair discussion I can say that the best pair to start forex trading is that AUDUSD, EURUSD, GBPUSD, USDCAD, NZDUSD etc. that means all the major pair you can select to start trading.
Участник с Dec 11, 2015   1487 комментариев
Feb 12, 2017 at 13:07
jameshallow07 posted:
You can start with basic pairs like EURUSD and GBPUSD which are highly volatile & offers best opportunity in the market.

Personally, I don’t recommend pairs that volatile to newbies. Of course, this is something very subjective, but when I was a newbie I found all the volatility to be very stressful.
Участник с Jul 09, 2015   48 комментариев
Feb 13, 2017 at 11:10
mlawson71 posted:
jameshallow07 posted:
You can start with basic pairs like EURUSD and GBPUSD which are highly volatile & offers best opportunity in the market.

Personally, I don’t recommend pairs that volatile to newbies. Of course, this is something very subjective, but when I was a newbie I found all the volatility to be very stressful.

Do you mean avoiding the major pairs? I believe volatility is certainly related with the popularity of the pair but also with specific news events that can affect virtually all instruments.
Участник с Jan 31, 2017   30 комментариев
Feb 13, 2017 at 11:13
cesaraugusto posted:
Hi, I asked this before but I didn´t saw my topic listed...
I´m new at this and I´ve been practicing in a demo account for over a month now.
I´d like to know if its better to start with certain pairs that may help understand the market better?
Maybe it´s a stupid question but also maybe not... lol

Thanks to everyone in advance.

I would suggest you not to hurry and keep on practicing in demo unless you get adequate knowledge about the market and pairs. For understanding the market better you can do it in demo account only by trading for the major pairs like EUR/USD, GBP/USD. EUR/USD is also the most traded pair in the currency market. Always go for the pair best suited to your trading style and trading schedule.
Участник с Dec 11, 2015   1487 комментариев
Feb 13, 2017 at 12:06
MC85 posted:
mlawson71 posted:
jameshallow07 posted:
You can start with basic pairs like EURUSD and GBPUSD which are highly volatile & offers best opportunity in the market.

Personally, I don’t recommend pairs that volatile to newbies. Of course, this is something very subjective, but when I was a newbie I found all the volatility to be very stressful.

Do you mean avoiding the major pairs? I believe volatility is certainly related with the popularity of the pair but also with specific news events that can affect virtually all instruments.

No, certainly not all major pairs, just EUR/USD because it’s so range-bound.
Участник с Nov 25, 2015   41 комментариев
Feb 14, 2017 at 10:01
hjacob posted:
I would suggest you not to hurry and keep on practicing in demo unless you get adequate knowledge about the market and pairs. For understanding the market better you can do it in demo account only by trading for the major pairs like EUR/USD, GBP/USD. EUR/USD is also the most traded pair in the currency market. Always go for the pair best suited to your trading style and trading schedule.

Good point hjacob, I agree with you, makes sense!
Участник с Nov 12, 2010   178 комментариев
Feb 14, 2017 at 11:20
I would also suggest a less volatile pair such as AUDUSD. Aim for small gains and small losses.
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Участник с Oct 08, 2016   58 комментариев
Feb 14, 2017 at 11:38
I have seen according to my trading experience by and large traders in particularly the newcomers depend on only EURUSD which is mainly considered as a bass currency pair in this market place. but I think for increasing our trading experience very rapidly we the traders have to trade other major currency pair.
To change your trading result, just change your thinking.
Участник с Jan 31, 2017   30 комментариев
Feb 14, 2017 at 12:25
shirley_F posted:
hjacob posted:
I would suggest you not to hurry and keep on practicing in demo unless you get adequate knowledge about the market and pairs. For understanding the market better you can do it in demo account only by trading for the major pairs like EUR/USD, GBP/USD. EUR/USD is also the most traded pair in the currency market. Always go for the pair best suited to your trading style and trading schedule.

Good point hjacob, I agree with you, makes sense!

thanks Fredrick :) I am glad you like found it helpful.
Участник с Sep 12, 2015   1948 комментариев
Feb 14, 2017 at 12:57
Its best to start off with one pair and learn everything about it, EUR/USD is the most traded pair, tight spreads and its quite stable to trade, avoid news events if your new to trading, most of the time its pure technical, lots of info on this pair. There is a video on forex by Anton Kreil you might want to look at.
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Участник с Jan 08, 2017   44 комментариев
Feb 15, 2017 at 10:42

AUDNZD is good pair
Участник с Dec 11, 2015   1487 комментариев
Feb 17, 2017 at 12:46
I would generally say that most NZD-pairs are good to trade.
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