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    Thread: The best currency to trade with (Part 4)

    1. #181
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      Default Re: The best currency to trade with (Part 4)

      Yes dear i agree with you becouas FOREX markit is a world biggest business and thay provide us many pairs for trad thats all is very good but we should to pick a one pair for all Time trad


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      Default Re: The best currency to trade with (Part 4)

      Now this time my most favorite pair is gold where since last 3/4 months I did too much profit with only trading with Gold where sometimes I also like to trade with EU and GU and if I have low leverage and low investment then I would like to do concentrate with AU and NU pair. So overall I am fond of trading with USD based pair and in Forex market there are lots of traders as like as me who never trade with these pair which is not based with USD because of easiness of analysis that if I do analysis with USD then I can make trade with major six pair.


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      Default Re: The best currency to trade with (Part 4)

      Best currency pair in the forex trading business is very important for the new traders to trade. New trader must join the demo account and practice long term to knowl about the market tools signals and indicators. During practice apply the stop loss and take profit on your open trade and see the impact. Choose the best pair and trade with in the demo account and apply all tools and indicator on that trade to be more familair with market. All currency pair are good for trade but major currency pair some difficult to trade in the real trading business.


    5. #184
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      Default Re: The best currency to trade with (Part 4)

      Quote Originally Posted by osmangonik View Post
      There are many currency pairs to trade in forex market and you can start with any of them.You can even trade with more than a single pair.But that's not a good idea.Choose that pair which price movement is not too quick or too slow and I think EUR/USD is that type of pair.Most of the traders trade with this pair.
      The following are not necessarily the best Forex pairs to trade, as they are the ones that have high liquidity and occupy the most foreign exchange transactions:
      EUR/USD (Euro US dollar)
      USD/JPY (US dollar Japanese yen)
      GBP/USD (British pound US dollar)
      AUD/USD (Australian dollar US dollar and high liquidity means higher chances of profit earning.


    6. #185
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      Default Re: The best currency to trade with (Part 4)

      I think that, the best currency of trading business is Eur/USD. This currency of EUR/USD is very profitable than any other currency. Good experience and knowledge with proper knowledge utilities and emotion control everyday work hard than trade start in proper time.


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