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Thread: Which pair

  1. #1
    Fin Candy is offline Banned
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    Default Which pair

    any major pair is safe for any kinds of traders particularly for beginners,
    newcomers should use it first in demo then in a cent account.**

  2. #2
    Anayahuginn is offline Junior Member
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    I think you should start with very simple pairs here for your choice, something really really exotic for that matter. Something like USD/RUB or CHF/JPY or something even more exotic, but you really got my point, that way you have a way to profit.

  3. #3
    FTS
    FTS is offline Junior Member
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    You can start with XAUUSD since it is quite easy to understand its movements using technical analysis. There are on spikes or huge volatility in it, so it would be a comfortable instrment for newbie traders. It is quite easy to find information on gold price fundamentals, so you would be able to use fundamental analysis too if you will find out what impacts the gold price. Another important point is that experience in trading gold could help you in your trading career - as the next step, you can start trading gold as a commodity on futures exchanges (for example, the CME), but it requires more experience and financial resources to maintain the positions.

  4. #4
    Angel candy is offline Senior Member
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    There are too many pairs which can be traded but most traded pair is EUR USD. Every other trader is using it for everyday.

  5. #5
    clifinvestor is offline Junior Member
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    New traders have to focus on only the Majors like you said. However, a smart trader would want to study which pair is more profitable in terms or high volatility or low depending on the trading strategy. The spreads on major pairs are very low on Forexchief platform, you might wan
    Last edited by clifinvestor; 07-30-2019 at 07:39 PM.

  6. #6
    Ajes is offline Junior Member
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    USD/RUB is not a simple pair. You need to have experience to keep up with such pair.

  7. #7
    Angel candy is offline Senior Member
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    Default

    If you should focus on single pair then it will be more helpful for your trading and you can have good analysis on it to be profitable.

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