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Which is the best Forex pair for beginners? in General Forex Discussion_67f83ac065b44

Which is the best Forex pair for beginners?

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Kardel Sharpeye

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For beginners in forex trading, it's recommended to start with major currency pairs, which are more liquid and have lower spreads. The most popular and commonly traded pairs include EUR/USD, USD/JPY, GBP/USD, and USD/CHF. These pairs offer ample liquidity, tighter spreads, and more predictable price movements. They also provide a wealth of information and analysis due to their popularity. However, it's important for beginners to focus on learning and understanding the dynamics of a few currency pairs rather than spreading themselves too thin. As proficiency and experience grow, traders can explore other currency pairs and exotic crosses. Remember, thorough research, practice, and continuous learning are crucial for successful trading, regardless of the currency pair chosen.
#376 - June 02, 2023, 05:39:37 AM

Nettawa

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I don't have a favorite pair, but I prefer trading with gold and gbpusd because the movements are pretty good
#377 - June 05, 2023, 03:38:23 PM

Vernalta

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Choose an existing currency pair. Determine beforehand which has already passed a good analysis stage.
#378 - June 06, 2023, 08:43:29 AM

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Which is the best Forex pair for beginners? in General Forex Discussion_6803a6c52eb12
#379 - Today at 01:11:03 AM

Yengoc

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You can choose a suitable currency pair for yourself which is indeed very special.
#379 - June 07, 2023, 07:22:02 AM

Dyandra

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I'm currently doing an open GBPJPY position because that's part of the analysis that I'm planning.
#380 - June 15, 2023, 12:41:43 AM

Nettawa

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usually not far from eurusd, usdjpy or gbpusd but i used to prefer gbpjpy and usdcad
#381 - June 18, 2023, 08:43:23 AM

Vernalta

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I see that most people use Euro USD. I don't know why all beginners like to use this
#382 - June 22, 2023, 04:08:36 AM

Nettawa

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I prefer when I do use the Euro USD currency pair because this currency is commonly used by many people
#383 - June 23, 2023, 07:54:18 AM

Vernalta

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usually the favorite currency pairs are USD jpy and Euro USD and because the movements are really not that difficult to analyze and not too fast either so they are suitable for beginners who want to trade
#384 - July 09, 2023, 03:47:18 AM

Yengoc

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I recommend currency pairs for beginners that you can use for analysis training, namely eurusd and usdjpy. Because in my opinion this currency pair is very good because it doesn't fluctuate too much
#385 - July 18, 2023, 08:12:17 AM

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#386 - Today at 01:11:03 AM

Vernalta

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You can try for yourself what you want in the world of trading. When choosing a currency pair, everyone has their own differences, but usually the most striking ones are using EurUsd and GbpUsd
#386 - July 20, 2023, 02:25:09 AM

Dyandra

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what is usually used is the USD jpy currency pair because I always see that beginners always do analysis using these currency pairs
#387 - July 21, 2023, 05:47:10 AM

Vernalta

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the use of currency pairs that are suitable for beginners are currency pairs that have low fluctuations such as euruSD USD jpy USDcad or usdchf
#388 - July 22, 2023, 07:43:35 AM

Dyandra

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most beginners use GBP USD USD jpy USDcad because in my opinion these three currency pairs are very good and weak can be used for beginners as a trial run on a demo account
#389 - July 25, 2023, 03:51:24 AM

Vernalta

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Try using the USD jpy currency pair because this currency pair is stable and doesn't fluctuate too much, suitable for beginners who want to learn.
#390 - July 29, 2023, 04:22:14 AM
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