Currency pairs
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  • #1 Collapse

    Currency pairs
    Hi Friends
    Forex is always traded in pairs.
    Whenever you see a currency exchange rate, it will belong to a currency pair such as EUR/USD . It indicates two currencies the EURO and US Dollar.
    First currency of the currency pair is referred to as the base currency while the second one is called quote currency and they are separated by a forward slash (/).
    The eight most frequently traded currencies ( USD, EUR, JPY, GBP, CHF, CAD, NZD and AUD) are called the major currencies, and all other currencies are referred to as a minor because they play less of role and are less liquid.
  • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
  • #2 Collapse

    You know about currency pair then you make a good trade in market. currency pair is the quotations of the relative value of a currency unit against the unit of another currency in the foreign exchange market. Are badly traded currency pair is the relation of the Euro against of the US dollar design it as you Eur and USD. In Forex trading is the simultaneous buying of one currency and selling and other. Currencies are traded through a broker a tailor and are treated in pairs. For example the Euro and the US Dollar on the British Pound and the Japanese yen GPb and jpy.

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    • #3 Collapse

      In forex trading, we have no interest in forex trading, and it is difficult to foresee one of them, and in the forex, we will continue to work for a long period of time, so that we can plan ahead and plan our trades. I would like to try out some of the humain trading strategies that are unnecessary

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      • #4 Collapse

        Yes dear currencies pair best for trading newbies must trade on currencies pairs like gbp usd eueo usd aud usd nzd usd gbp jpy usd cad euro aud and many amny more popular pairs in forex market currencies pair save and best for trading

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        • #5 Collapse

          My dear friend currency pairs of very viable for the new traders because they more slowly and there is minimum risk and also minimum profit but the new traders can learn about the market with the trading at currency pairs. My dear friend many traders said that EUR/USD is a good currency pair for day trading but I spent two to three weeks on that pair and there is no moment for a long just two to three pips. So is just you choose one currency pair then study that and just read on that paper and never involve yourself inform any currency is at the initial because it's enough that you have a lot single one currency pair.

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          • #6 Collapse

            if you can make a successful trading with that trading of one currency pair you can equally successful trader with more than one currency pairs, whether to focus on one currency pair are shuffling between the pair is depended on your trading strategy and your trading level I mean if the trader is a beginner intermediate or a professional trader. on the contrary if your trading strategy allow for you to make profit from any market situation whether you are a beginner or not you can trade any currency pair and in summarise it you are choice to focus on one currency pair as a beginner to learn strategies that help you profit from all market situation.
            My latest update:
            https://forum.mt5.com/showthread.php...1#post15181633

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            • #7 Collapse

              good reply dear you say right currency pair are of two major different currencies in which trading isoccur by knowledge and skill you'll buy and sell according to the market.
              Respected Friends your love in form of Likes is very important for me to get good bonus.

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              • #8 Collapse

                Hello traders good afternoon
                The most traded pairs of currencies in the world are called the Majors. They constitute the largest share of the foreign exchange market, about 85%, and therefore they exhibit high market liquidity. The Majors are: EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD

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                • #9 Collapse

                  It depends that how much ability you have about currency if your trading strategy allow for you to make profit from any market situation whether you are a beginner or not you can trade any currency pair and in summary it you are choice to focus on one currency pair..
                  Sincere Trading Journal

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                  • #10 Collapse

                    Sir mt5 Mostly major currency pairs like EUR/USD and GBP/USD have low spreads As they are traded most and all brokers keep their spreads low to attract tradersmt5 Forex has very low spread on these pairs InstaForex also giving spread of 3 pips on these pairs which is also reasonable thanks for you

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                    • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
                    • #11 Collapse

                      currency pairs are best to trade we can do learning will provide us with the good ways to trade with low risk and money management beside the trading with good strategy and proper plan that can make us survive and success in our trading but without the learning we can't achieve any success in this market .

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