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Principal currencies trade in Forex trading

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Re: Principal currencies trade in Forex trading

Postby Sininfinity » Sat Sep 17, 2016 6:28 am

EUR/USD is the most popular currency pair. And traded by most traders. It has high liquidity but also it is not the only currency pair traders trade. I have seen some people trade only this pair but mostly a large number of traders trade multiple currency pairs.
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Re: Principal currencies trade in Forex trading

Postby radex78 » Sun Sep 18, 2016 10:57 pm

Yes eurusd most popular business, and as trader choose this pair because has low spread usually and also good average movement, many pair in forex and we can choose one pair to traded, might will useful if use one pair only if still as newbie
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Re: Principal currencies trade in Forex trading

Postby Sininfinity » Sat Feb 18, 2017 5:22 am

radex78 wrote:Yes eurusd most popular business, and as trader choose this pair because has low spread usually and also good average movement, many pair in forex and we can choose one pair to traded, might will useful if use one pair only if still as newbie


Also on EUR/USD pair, it has the highest amount of liquidity. Considering what you have said for new traders it is a good currency to start with.
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Re: Principal currencies trade in Forex trading

Postby Tony Collins » Thu Mar 23, 2017 4:14 pm

Really, EUR/USD trading pair in the most tradable Forex trading currency pair, as like others new trader I also started my demo with EUR/USD but gradually I practiced with more than 20 trading pairs and now in my live trading account I am working with 10 trading currencies, 7 Forex pairs and 3 CFDs instruments! Basically I have 200 trading instruments for live trading from trade-24.com broker! So, I am very flexible to work with multiple trading pairs in my live trading!
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Re: Principal currencies trade in Forex trading

Postby radex78 » Thu Mar 23, 2017 10:39 pm

Although eurusd almost traded among trader but also choose this pair also need carefully because this pair also very volatile and if often rush usually will swayed by movement and patience is important to waiting on best price to open entry to minimize the risk
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Re: Principal currencies trade in Forex trading

Postby Sininfinity » Sat Dec 30, 2017 7:30 am

Tony Collins wrote:Really, EUR/USD trading pair in the most tradable Forex trading currency pair, as like others new trader I also started my demo with EUR/USD but gradually I practiced with more than 20 trading pairs and now in my live trading account I am working with 10 trading currencies, 7 Forex pairs and 3 CFDs instruments!


Wow that's a lot for actively monitoring. I normally stick with the majors and don't look for metal or CFD trading. Do you use any kind of correlation strategy?
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