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Best currency pair for newbiesBest currency pair for newbies
AlfredSokol said: "I've heard its USD/EUR. Anyone have any input?"
lil dickie said: "Definitely USD/Eur. It moves a little more predictable then some of the others."
chahinemm said: "another addition i could make is £/$ seems thatthey are moving a slightly together but sometimes with a corelation with €.
quick question any of u follow any trading services ???
what are the cost???
what are good currency trading services??
chahine"
Trader/God said: "EUR/USD is a good place to start. If you like volitality go for a GBP pair, want to bet on commidities AUD or CAD, fall asleep CHF. The dream currency is GBP/JPY great rolls, always ranges, but you have to be able to take a big loss for it to come back.
Trader/God"
FXGuy2000 said: "I didn't think there was a pair USD/EUR.. :) EUR/USD sure. ;)
Euro can be a good place to start, it's not as fast of a mover like GBP/USD.
You may also want to try the AUD/USD as this isn't as volitile as the latter two mentioned. And try to stay off the 1minute and 5 minute charts, you'll stand to lose more if you're a newbie. And always remember to enter your TP's and SL's when trading to avoid wiping out your balance if you make a wrong dicision."