Pair For Beginner Trader

Pair For Beginner Trader

Beginner Traders ki madad karne ke liye aik achi pair ka intikhab karna aham hota hai. Pair chunne ka faisla aapke trading career ki shuruaat mein kisi bhi trader ke liye crucial hota hai. Pakistan ke traders ke liye, kuch pairs hai jo aksar acha sabit hote hain. Is article mein, hum un pairs par baat karenge jo beginners ke liye aik behtareen option ho sakte hain. 1. **EUR/USD (Euro/US Dollar)**: Ye pair forex market mein sabse zyada trade hone wala pair hai. Iska liquidity level bhi acha hota hai, jisse traders ko buying aur selling mein aasani hoti hai. Is pair ki volatility bhi achi hoti hai, lekin iske movements usually stable rehte hain, jo beginners ke liye faida mand ho sakta hai. 2. **GBP/USD (British Pound/US Dollar)**: Ye bhi aik popular pair hai, aur iski trading activity bhi achi hoti hai. Is pair ki movements relatively unpredictable hoti hain, lekin agar aap economic news aur events par nazar rakhte hain toh isse acha profit bhi hasil kiya ja sakta hai. 3. **USD/JPY (US Dollar/Japanese Yen)**: Ye pair bhi beginners ke liye suitable ho sakta hai. Iski stability aur liquidity traders ko attract karti hai. Ismein yen ki value usually stable hoti hai, jisse risk control mein madad milti hai. 4. **AUD/USD (Australian Dollar/US Dollar)**: Is pair ki trading aksar commodities aur global economic conditions se mutasir hoti hai. Iska mazaqrat level acha hota hai aur iski volatility bhi traders ke liye achi ho sakti hai. 5. **EUR/GBP (Euro/British Pound)**: Ye pair trading ke liye acha option ho sakta hai, khas karke European aur UK events par nazar rakhte hue. Is pair ki movements relatively stable hoti hain, jo beginners ke liye acha ho sakta hai. 6. **USD/CHF (US Dollar/Swiss Franc)**: Swiss Franc ek strong currency hoti hai aur is pair mein trading karke traders ko stability milti hai. Iski liquidity bhi achi hoti hai, jo trading mein madadgar ho sakti hai. 7. **EUR/JPY (Euro/Japanese Yen)**: Agar aapko high volatility pasand hai, toh EUR/JPY aik acha option ho sakta hai. Is pair mein aksar strong trends dekhe jate hain, lekin iska risk bhi zyada hota hai, isliye beginners ko cautious rehna chahiye. 8. **USD/CAD (US Dollar/Canadian Dollar)**: Is pair mein commodity prices ka bhi asar hota hai, jisse traders ko opportunities mil sakti hain. Iska liquidity level bhi acha hota hai. 9. **NZD/USD (New Zealand Dollar/US Dollar)**: Ye pair New Zealand ki economy se mutasir hota hai, isliye ismein economic events ka bhi zyada asar hota hai. Agar aapko New Zealand ki economy par bharosa hai, toh is pair mein trading karna behtareen ho sakta hai. 10. **GBP/JPY (British Pound/Japanese Yen)**: Ye pair high volatility aur risk ke sath aata hai, isliye beginners ko ismein trading karte waqt cautious rehna chahiye. Lekin agar aapko yen ki movements ka acha pata ho, toh isse acha profit bhi kiya ja sakta hai. Yaad rahe ke har trading pair apni khud ki characteristics aur risk factors ke sath aata hai. Isliye, trading shuru karte waqt, aapko market research aur risk management par zyada dhyan dena chahiye. Trading mein safalta hasil karne ke liye, aapko experience aur knowledge dono ki zarurat hoti hai, isliye hamesha apni skills ko improve karte rahein. Happy trading!

Assalamu Alaikum Dosto!

Forex Currency Pairs

Foreign exchange market (Forex) hamesha pairs mein trade hota hai. Hamare Forex Basics series ka hissa, is article mein aap seekh sakte hain ke currency pair kya hota hai. Jab bhi aap kisi currency exchange rate ko dekhte hain, woh kisi currency pair ka hissa hota hai jaise ke EUR/USD. EUR/USD mein do currencies hote hain: Euro aur US Dollar.



Base Currency aur Quote Currency

Currency pair ka pehla currency "base currency" ke naam se jana jata hai, jabke doosra "quote currency" kehlata hai, aur yeh aksar ek forward slash ("/") se alag hota hai.

EUR: EUR/USD, EUR/GBP, EUR/CHF, EUR/JPY, EUR/CAD
GBP: GBP/USD, GBP/CHF, GBP/JPY, GBP/CAD
USD: USD/CAD, USD/JPY, USD/CHF

Base currency ki value hamesha 1 hoti hai, for example, 1 Dollar, 1 Pound, 1 Euro, etc.

Calculation yeh hoti hai: 1 unit Base Currency se X units Quote Currency kharidi ja sakti hain.

Agar base currency USD hai, jaise ke USD/JPY, to USD/JPY 150 ka quote yeh batata hai ke ek U.S. dollar 150 Japanese yen ke barabar hai. Agar base currency EUR hai, jaise ke EUR/USD, to 1.0980 ka quote yeh darust hai ke ek Euro 1.0980 US Dollars ke barabar hai.
Trader currency pair is liye kharidta hai agar usko lagta hai ke base currency ki qeemat quote currency ke mukable mein badhegi, ya phir bechta hai agar usko lagta hai ke base currency ki qeemat giregi.
For example, agar hum EUR/USD dekhein, jahan Euro base currency hai aur is liye buy/sell ka "basis," agar aapko lagta hai ke Eurozone ki sovereign debt crisis Euro ko harayegi, to aap EUR/USD sell karenge. Aapne Euros beche hain ummeed hai ke woh US dollar ke mukable mein kamzor hojayenge.

Note: Forex trading mein yeh shamil hai ke aap ek currency kharidte hain aur doosri currency bechte hain pair ke andar. Is liye jab aap currency pair kharidte hain, to aap base currency kharidte hain aur quote currency bechte hain.

Bid aur Ask Prices

Currency pairs usually "bid" aur "ask" prices ke sath trade hote hain. "Bid" woh price hai jis par aap base currency bech sakte hain/quote currency kharid sakte hain. "Ask" woh price hai jis par aap base currency kharid sakte hain/quote currency bech sakte hain. Aap dekhein ge ke ask price hamesha bid price se zyada hoti hai.

Spread bid aur ask price ka farq hota hai (Spread = Ask-Bid).

Spread: Spread basically bid aur ask price ke farq ko darust karta hai, ya dusre lafzon mein, yeh hai ke brokerages apni commissions kamane ke liye is ka istemal karte hain. Aam taur par major pairs par spread ek pip se lekar teen pips tak hota hai (kabhi kabhi chaar pips tak). Yeh broker par depend karta hai lekin yeh bhi closely liquidity ke sath taalluq rakhta hai, jaisa ke zikar hua.
Success hasil karne ka raaz yeh hai ke aap beginner trader ke tor par ek ya do currency pairs ko chunen jo aap trading karna chahte hain. Jab aap confidence hasil karte hain, to aap apne trading portfolio mein aur pairs shamil kar sakte hain. Lekin naye trader ya investor ke liye hamesha yeh mashwara diya jata hai ke woh sirf kuch pairs ke sath trade karein takay sab kuch asaan rahe.

Major Pair

Aath sab se zyada trade hone wale currencies (USD, EUR, JPY, GBP, CHF, CAD, NZD aur AUD) ko major currencies kaha jata hai, jabke baqi currencies ko minor kaha jata hai kyunki woh kam maqami hissa aur kam liquid hote hain. Major pairs bas ye saat major currencies ke saath pair kiye gaye hote hain. Inme se 70% se zyada Forex trades in pairs mein hoti hain:

EUR/USD: 28%, Eurozone/United States, Euro-dollar (ya same)
USD/JPY: 17%, United States/Japan, Dollar-yen (ya same)
GBP/USD: 14%, United Kingdom/United States, Sterling-dollar (ya Sterling or Cable)
USD/CHF: 9%, United States/Switzerland, Dollar-Swiss (ya Swissy)
USD/CAD: 5%, United States/Canada, Dollar-Canada (ya Loonie)
AUD/USD: 4%, Australia/United States, Australian-dollar (ya Aussie or Oz)
NZD/USD: 4%, New Zealand/United States, New Zealand-dollar (ya Kiwi)

Note: Currency names aur nicknames confusing ho sakte hain jab aap Forex market commentary sun rahe hain ya Forex market research kar rahe hain, is liye yaad rakhein ke likhne wala individual currency ki baat kar raha hai ya currency pair ki.

Hint for Nickname Usage: Agar kisi major bank ke analyst ne report likhi hai jisme yeh kaha gaya hai ke Canadian dollar mustaqbil mein mazboot hoga, to yeh comment individual currency, yaani CAD ki taraf ishara kar raha hai, keh raha hai ke USD/CAD kam hoga (USD kamzor / CAD mazboot). Lekin agar comment yeh sugaahra hai ke Dollar-Canada ya Loonie mustaqbil mein mazboot hoga, to yeh currency pair ki taraf ishara kar raha hai aur iska matlab hai ke USD/CAD zyada hoga (USD mazboot / CAD kamzoor).
Yaad rahe ke mazboot aur siyasi istiqamat se malik currencies woh hain jo kam istiqamat wale ilaqaon mein base hoti hain.

Yeh Saat Major Pairs Kyun Hain?

Iska sab se bara sabab hai volume. Yeh duniya mein sab se zyada active (trade) hone wale currencies hain. Inka pairing maqami hai aur inki trading volume rozana trillions of dollars hoti hai. Yeh am taur par trading ke liye sab se suitable pairs hote hain, khaas karke beginner traders ke liye. Inmein kam spread hota hai, jo ke in pairs par dastiyab hai. Jitna zyada currency pair liquid hota hai, utna hi spread kam hota hai.

Yeh Saat Major Pairs Kyun Ahem Hain?

In saat major pairs par trading shuru karne ka hamesha tajaweez hai, khaas karke jab aap ek acha Forex trading system seekh rahe hain. In pairs mein trade placements ke liye sab se zyada opportunities hoti hain aur yeh Forex day trading ke liye ideal hote hain. Ziyadatar Forex trading systems apne students ko yeh suggest karte hain ke woh in pairs mein trade karein, aur iske liye bohat wajah hai. In saat major pairs mein bohat se opportunities hoti hain jo ek full-time trader ke liye kaafi hoti hain.
Ek aur ahem baat jo aapko yaad rakhni chahiye woh hai ke upar diye gaye saat major pairs technical analysis ke liye bohat acha response dete hain. Yeh shayad is wajah se ho ke in pairs ki liquidity zyada hoti hai, jo inhe market efficient banati hai aur price discovery ko zyada acha banati hai.
Agar aap sirf teen se chaar major currency pairs ko acha tarah se samajh lete hain, to aap bahut zyada paisa kama sakte hain. Forex market mein ziyadatar action in major pairs mein hota hai, kyun ke 90% currency transactions inmein shamil hote hain. Is liye behtar hai ke aap majors ke sath hi rahein.

Note on Currency Specific Fundamentals:

Har major forex pair alag events ke jawab mein alag hota hai aur iske liye ek khaas approach aur strategy ki zarurat hoti hai. Please istemal karein hamare Currency Specific Fundamentals section ko har currency pair ki khaas farqiyat ke baray mein mazeed jan'ne ke liye.

Minor Pairs

Kuch traders currency pairs ke writers ne sirf pehle chaar currency pairs ko majors (EUR/USD, USD/JPY, GBP/USD, USD/CHF) mein shamil kiya hai, baqi teeno ko minor pairs ke taur par daala gaya hai kyunki unka trading volume kam hota hai.
Yeh teen currency pairs ko commodity pairs bhi kaha jata hai kyunki unki economies commodity-based resources ke ird gird ghoomti hain.

The Commodity Currencies

AUD/USD: Aussie (Australian) Dollar
USD/CAD: Dollar Canada or Loonie
NZD/USD: Kiwi (New Zealand) Dollar
Baaki pairs jo minor pairs mein shamil kiye gaye hain, woh hain Scandinavian currencies (USD/NOK, USD/DKK, USD/SEK).

The Scandinavian Currencies

USD/NOK: Norwegian Krone (Norway)
USD/DKK Danish Krone (Denmark)
USD/SEK Swedish Krona (Sweden)

Note on Scandinavian Currencies:

Scandinavian currencies kuch saalon se bohat mazboot hain, khaas karke USD/NOK jo ke charts mein neeche utar gaya hai (weak Dollar / strong Krone) kyunki Norway ki economy mazboot hai aur iski net export oil driven hai (jise ke incidentally NOK ko strong commodity currency banata hai).

Cross-Currency Pairs

Cross-currency pair, ya sirf cross, koi aisa currency pair hai jo U.S. Dollar ko shamil nahi hota.

Trading Reasons

• Diversification
  Currency trading ka zyadatar hissa dollar pairs mein hota hai, to crosses hamesha U.S. Dollar mein trading karne ka acha alternative ban jate hain.
• Currency Targeting
  Crosses traders ko ek specific individual currency ki taraf se trades karne ki izazat dete hain taake woh kisi khaas khabar ya waqiaat ka faida utha sakte hain. For example, aapki research yeh sabit kare ke Euro ko sovereign debt issues (Greece, Ireland aur Portugal) ki wajah se massive problems hain aur yeh kamzor hojayega. Aap is ka faida uthane ke liye initially EUR/USD ko sell karne ka soch sakte hain, lekin phir aap yeh conclude karte hain ke US Dollar bhi zyada behtar nahi hai, kyunki United States ke apne massive debt issues hain. Apka mazeed taqatwar tafseelat ye dikhata hai ke Switzerland ka mazboot tareen maeeshat hai aur kam qarz hai, is liye aap faisla karte hain ke aap EUR/CHF ko short karnay ka faida uthaengay.

Trading the Crosses ke Nuqsanat:

• Zyada Spread
  
  Kuch crosses mein zyada spread hota hai. Maslan, EURNZD ka aam spread 7.5 pips hota hai. Is zyada spread ko hum ne majors ke sath dekha hai. Is tarah ke pairs ka spread zyada hota hai iski kam liquidity ki wajah se (is par kam traders trade karte hain).
• Kam Technical
  
  Kyunki crosses majors ki tarah taizi se nahi trade hote, is wajah se inka technical analysis par kam asar hota hai. Is kaidah ki istisnaat hain EUR/JPY aur GBP/JPY, lekin ye bhi EUR/USD aur GBP/USD se zyada mutaghayyir aur shadeed hain.

Exotic Currency Pairs

Aksar taqreeban sare exotic currencies jo amuman taraqqi pazeer mulkoun se aati hain, woh counter-currency ke tor par USD ke against quote kiye jate hain jaise ke USD/XXX jahan XXX exotic currency ki ISO 4217 code hai (maslan, USD/MXN). Aam taur par istemal hone wale exotic currencies ki ISO codes aur namon ki aik hissi fehrist zailiye di gayi hai jo ke ilmi tarteeb mein hain aur mujarrab tareeqay se tafreeq kiye gaye hain.

Note: Agar exotic currency USD ke against counter-currency ke tor par quote nahi hoti, to isko aksar major currency ke baad doosre number par list kiya jata hai (maslan, EUR/MXN), lekin hamesha istisnaat hote hain (maslan, CZK/JPY).

Exotic Currency Trading Reasons

• County-Specific Economy
  Exotics traders ko mulk ki iqtisadiyat ka faida uthane mein madad dete hain. Maslan, aapne shayad pehle hi note kiya hai ke zyadatar G7 countries economic mushkilat aur qarz se bhari hui hain, aur aap chahate hain ke aap aise mulkoun ki currencies mein diversify karen jo ke maali tor par sab se mazboot hain (maslan, USD/CLP ko bech kar Chilean Peso mein long jana, aur USD/SGD ko bech kar Singapore Dollar mein long jana). Ya phir aap woh shakhs ho sakte hain jo woh currencies short karna chahte hain jo unko maloom hai ke woh gehre maslay mein hain. Hal hi mein, aap Arab dunia mein tensions dekh rahe hain aur chahate hain ke aap Egyptian Pound (EGP/USD) ya Libyan Dinar ko short karen.
• Business
  Zyadatar firms jo in currencies ko trade karte hain, woh is liye karte hain ke unhein zarurat hoti hai. Tasawwur karen ke aap Hungarian construction firm hain jo Japan se machinery khareedna chahta hai (HUF/JPY).

Exotics Trading ke Nuqsanat:

• High Spread
  Zyadatar exotic currency pairs ka spread bohat zyada hota hai. Jab aap EUR/USD jaise pair ke liye kuch pips bharte hain, to aap apne aap ko USD/MXN, CZK/JPY aur AUD/MXN jaise kam liquid exotic pairs mein 200 pips ke spread ke sath dekhte hain. Haqiqatan, har pip ko sirf 1/10 se hisab karna hoga; lekin 1/10 par bhi pip spread zyada hota hai. Jab aap 200 pips se neeche hote hain to ek munafa bakhsh trade karna asal mushkil ban jata hai.
• Erratic Trading (Shadeed Trading)
  Jab currencies taizi se nahi trade hoti, to woh mutaghayyir taur par harkat karti hain. Kam liquidity hone ki wajah se, zyada spread ke sath sath currency pair technical analysis par bhi behtareen jawab nahi deti. Is wajah se, inki high spread transaction cost aur mutabaadil technical istiqraar ke wajah se, zyadatar exotic currency pairs trade karne ke liye munafa bakhsh nahi hote.