My favorite pair eur/usd. It's huge trade pair among the trader around the world. However this pair daily move range of 50-100 pips. so this profitable pair ,if we go with train.
Yes, it's one of the best couples favorite with all traders to fast movements and the presence of liquidity is not always driven by like the rest of the couples
same with my bro as a beginner I am still learning how to observe the movement of money that is eur / usd, in the long run I still would study other currencies
Like most traders i do prefer to trade on Eur/Usd because almost all broker charge low spreads on it and also it follow the news in much better way. For being a common currency of most European countries it is much stable then any other currency to stay and hold your position on it. Some time it follows the Gbp/Usd and mostly oppose Usd/Chf. So news on euro, pound, dollar or frank all can give you good opportunities to trade on euro.
EUR/USD cause I see always it have some huge movements. Beside in some suitable days per week I see like 200 plus pips movement. So, its better for me to trade and earn some more and more money in Forex trading. Its easy to understand also.
because i start my forex learing with this pair..and many time i cover my loss with this pair another thing this pair is also have high up and down
---------- Post added 07-25-2012 at 06:20 AM ---------- Previous post was 07-24-2012 at 08:00 AM ----------
I prefer to use pair which is fluctuative enough so it's better if the pair could move upward and downward so many times because we can take advantages from its movement if we had good analysis. And also, it's better to use pair which has low spreads and many traders who used it. I chose EUR/USD and GBP/USD as my favorite.
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