What is the best Currency pair to start with...?
In my opinion there are two currency pairs you can start with one is EUR/USD and the other is GBP/USD. I thing these are the better pairs to start with.
Ok thanks will try the USD/Euro.
How much start capital would you guys recommend to start. I would want to be able to cover my living expenses in perhaps 5 months time. If I invested 2000 to start is that reasonble to double my money every two months...? What I mean have any of you done it...
Ok thanks will try the USD/Euro. How much start capital would you guys recommend to start. I would want to be able to cover my living expenses in perhaps 5 months time. If I invested 2000 to start is that reasonble to double my money every two months...? What I mean have any of you done it...
i would like to recommend you to sort out the lines below before trading in real life:
- what indicators to use
- what tradingsystem to use
- what timeframe to use
- account size leverage
- moneymanagement
- trade a demo account on the metatrader platformAfter a succesfull trading period you go live but don 't expect
doubling your money in 2 months time, be reasonable and aim for 10%.
Ok thanks will try the USD/Euro. How much start capital would you guys recommend to start. I would want to be able to cover my living expenses in perhaps 5 months time. If I invested 2000 to start is that reasonble to double my money every two months...? What I mean have any of you done it...
That is a good election, I chose the same pair and I´ve learn loads, part of my strategy is to specialize on that pair, I think it make easier my process than trading and analyzing more pairs movements.
What is the best currency pair to start forex trading with. I am in the US. I am just starting out and don't want to mess up badly. Thanks for any advice..
I would advise you to trade USDJPY for a start. Use only MACD and Parabolic to track this currency pairs. You will see good results!
Euro//USD because it is relatively less volatile and it is definitely easy to understand its movements.
Euro//USD because it is relatively less volatile and it is definitely easy to understand its movements.
Absolutely agree. This is a great pair for a beginner.
EUR/USD is definitely good to start with. You can understand. It broke resistance level today and is holding at 1.4042
What is the best currency pair to start forex trading with. I am in the US. I am just starting out and don't want to mess up badly. Thanks for any advice..
I got just the right post for you here What Currency Pairs To Trade?
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
What is the best currency pair to start forex trading with. I am in the US. I am just starting out and don't want to mess up badly. Thanks for any advice..