Results 1 to 2 of 2

Thread: Which Forex currency pair should I focus on as a beginner trader?

  1. Top | #1

    Join Date
    Nov 2018
    Membership Number
    364
    As the User
    Forum Master
    Posts
    480
    Posts Per Day
    0.24

    Default Which Forex currency pair should I focus on as a beginner trader?

    For fledglings, the main parts of cash are by and large soundness and liquidity. You need to find a money pair that vacillates reasonably typically but isn't inconceivably unpredictable. I would suggest you go for EUR/USD. The pair has great liquidity and unpredictability yet not to an extreme. Dissimilar to other cash matches, you won't see so many huge cost swings while exchanging EUR/USD. Many exchanging methodologies have been created and calibrated with the EUR/USD pair explicitly at the top of the priority list. The purpose of this is, Euro and the Dollar are the two biggest monetary standards on the planet, and consequently, it has exceptionally high liquidity as well as dependability. A few different matches that you can attempt are USD/JPY, GBP/USD, USD/computer-aided design, and AUD/USD.

  2. Top | #2

    Join Date
    Jul 2020
    Membership Number
    2243
    As the User
    Forum Master
    Posts
    1,073
    Posts Per Day
    0.78

    Default

    It’s obviously better for you to focus on one pair because if you do so, you can gain better idea about a certain pair that will help you understand the movement of that particular pair. I prefer trading in XAUUSD broker with tighter spread provided by FXOpulence broker.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
MetroVB Theme By XiTCLUB