//----What are your favourite pairs?
For me, I was recommended when first learning to pick 1 or 2 pairs max and just focus on analysing them, spend a month just watching how it moves during each session etc.What are your favourite pairs?
And how is your trading going?Totally agree with Sam, i also really like the USDJPY and EURUSD. However i must say, despite the fact these are the favorite ones, i would say that sometimes you can actually find some way better options from the financial point of view. I remember back when i was just starting my trading life, my teacher was a friend of mine, who was trading on stocks for a couple of years already. He was always telling me that you should never be ''addicted'' to a certain pair, however you must find a couple which you are always analyzing. I remember he actually told me to make a metatrader demo account before trading on forex, so i would see if i would like it before registering for a fbs account. I was pretty sceptical about it, however i guess that was the best decision i ever made.
EUR/USD is my favourite too. It's been a while i've been watching it and placing trades in the demo. Sometime is win sometimes i lose. I keep an eye on the news on Fxstreet. I think its a great site for fundamental analysis.For me, I was recommended when first learning to pick 1 or 2 pairs max and just focus on analysing them, spend a month just watching how it moves during each session etc.
The two I like the most were USDJPY and EURUSD.
GBPUSD has become another favourite
Same here. I enjoy GBPUSD the most. EURUSD is also another great pair.For me, I was recommended when first learning to pick 1 or 2 pairs max and just focus on analysing them, spend a month just watching how it moves during each session etc.
The two I like the most were USDJPY and EURUSD.
GBPUSD has become another favourite
I also prefer EURUSD mostly.
Would you like to share the list then?Many other pairs have pretty clear trends, not just EUR/USD.
AUD/USD, NZD/USD, USD/CAD, USD/JPY and so on, these are just off the top of my head. Usually most popular currency pairs do, except GBP/USD lately, which has been a mess for a while now because of Brexit.Would you like to share the list then?
It's good advice that you shouldn't be addicted to one pair, but still have one or a few that you follow more closely than others. It's better to know a lot about a pair or two than trying and failing to keep up with many at a time.Totally agree with Sam, i also really like the USDJPY and EURUSD. However i must say, despite the fact these are the favorite ones, i would say that sometimes you can actually find some way better options from the financial point of view. I remember back when i was just starting my trading life, my teacher was a friend of mine, who was trading on stocks for a couple of years already. He was always telling me that you should never be ''addicted'' to a certain pair, however you must find a couple which you are always analyzing. I remember he actually told me to make a metatrader demo account before trading on forex, so i would see if i would like it before registering for a [URL deleted] fbs account. I was pretty sceptical about it, however i guess that was the best decision i ever made.
thank you for sharingAUD/USD, NZD/USD, USD/CAD, USD/JPY and so on, these are just off the top of my head. Usually most popular currency pairs do, except GBP/USD lately, which has been a mess for a while now because of Brexit.