How to go about pips?

Discussion in 'Forex' started by Jamesstefines, Nov 10, 2020.

  1. yes EURUSD is really appropriate for the beginners level to start but you should trade exotic pairs in demo to see the performance how it works.
     
    #31     Jan 4, 2022
  2. EURUSD probably the most recommended pair due to very high trading volume. Once you are more experienced in trading, you can try out exotic pairs as well as they bring more opportunities and divert your portfolio.
     
    #32     Jan 4, 2022
  3. Pick any major currency pair out of EUR/USD, USD/JPY, GBP/USD, AUD/USD, or USD/CAD. They are more stable than others and if you use a low spread broker like pepperstone , you will also get tighter spreads on these pairs compared to the minors.
     
    #33     Jan 7, 2022
  4. EUR/USD and GBP/USD are my favorite out of the lot because of the tightest spreads I get with my broker avatrade.
     
    #34     Jan 7, 2022
  5. EUR/USD my favorite trading pair above all when time to scalp. and i trade use some exotic pairs in demo to see the performance how it works.
     
    #35     Jan 7, 2022
  6. when scalping try to make sure a perfect money management , otherwise the result of trading can be useless. happy trading.
     
    #36     Jan 10, 2022
  7. shine

    shine

    Try trading the EURUSD pair. It is very liquid, not very volatile, which is very good for beginners and brokers have minimal spreads for it.
     
    #37     Oct 10, 2024
  8. Waylen

    Waylen

    For starting with USDCAD, EURUSD, or USDJPY, consider your trading strategy and market conditions. USDCAD is influenced by oil prices, EURUSD by Eurozone economic data, and USDJPY by U.S.-Japan interest rates. Regarding CHF, while it can be affected by Swiss policies, focus on pairs with more predictable movements.
     
    #38     Oct 10, 2024
  9. SmithFX

    SmithFX

    Warm greetings! For starting with currency pairs, consider USDCAD, EURUSD, or USDJPY. EURUSD is highly liquid and widely traded, making it a great choice for beginners. While CHF can be influenced by Swiss authorities, it can still be traded effectively with careful analysis. Choose based on your trading style and comfort!
     
    #39     Oct 13, 2024