Currency pair recommendations

Discussion in 'Forex' started by Evrardmakon, Dec 1, 2020.

  1. I have traded 32 pairs at once and then narrowed down to just one and that EURUSD
    give you the volatility and clean price action too.
    EURUSD is the most widely traded pair in the forex industry.
    Also, if you wish for a clean price action and not so volatile pair you can check out AUDUSD.
     
    #91     Oct 12, 2021
    noframe likes this.
  2. noframe

    noframe

    EUR/USD is my favorite too. It has the smallest spread and there is a lot of information and analysis available on these currencies to make sound predictions on their value.
     
    #92     Oct 12, 2021
    Raheel Shaikh likes this.
  3. Bigs facts.
    i missed to mention about the spreads being tight, Thank you for adding that
     
    #93     Oct 12, 2021
  4. Logan15

    Logan15

    I recommend trading with EURUSD currency pair because their volatility is low in the market, and their spreads are smaller. With a good strategy and money management skills, consistent profits are possible.
     
    #94     Oct 14, 2021
  5. Andrew_87

    Andrew_87

    EURUSD, EURGBP, GBPUSD
     
    #95     Oct 14, 2021
  6. I started with EUR/USD and other majors. But I am now working hard to learn to trade exotic pairs because the fluctuations offer more opportunities to make profits.
     
    #96     Oct 15, 2021
  7. Basically, I do recommend everyone to trade major currency pairs in order to reduce the possible risks associated with trading. These pairs are more predictable and well-studied, there are many educational resources which can make you improve your knowledge and skills in trading which is very important for a trader.
    However, I still think that traders should also study some minors, at least a couple of pairs. From my perspective, minors have bigger potential profits. I would like to point out that it doesn't make sense to start trading them if you know nothing about the economies and pecularities of the countries which they represent. You should study really hard in order to gain the rewards from the knowledge which are not common among trading community as a whole. You shouldn't forget about the risks. The trading strategies will be different from the ones which we got used to trading majors and you will have to create and test your own brand new strategies, but, in my opinion, the game is worth the candle.
     
    #97     Oct 15, 2021
  8. Vettel5

    Vettel5

    I mostly prefer the EURUSD currency pair because they have the smallest spreads with predictable strategies and offer more opportunities to make profits.
     
    #98     Oct 18, 2021
  9. Adler

    Adler

    I recommend trading with major currency pairs like EURUSD or JPYUSD since they have lower spreads and are predictable than other pairs.
     
    #99     Oct 22, 2021
  10. MotionX

    MotionX

    EURGBP is nice as well.
     
    #100     Oct 22, 2021
    Raheel Shaikh likes this.