Gee Dee Posted October 5, 2019 Share Posted October 5, 2019 A currency pair is the quotation and pricing structure of the currencies traded in the forex market; the value of a currency is a rate and is determined by its comparison to another currency. The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency. Forex trading is essentially the buying of one currency and the simultaneous selling of another. Therefore, when trading currencies, we will always see them quoted in pairs. When placing a trade, we are speculating on which currency we believe will become stronger or weaker against the other with the goal of making a profit from the exchange rate movement. Quote Link to comment Share on other sites More sharing options...
Analar Posted April 3, 2020 Share Posted April 3, 2020 I trade with an amarkets broker who provides a wide range of financial instruments, so there is always plenty to choose from. Quote Link to comment Share on other sites More sharing options...
Enobian Posted April 6, 2020 Share Posted April 6, 2020 The most important element of a currency pair is its quote. Quote Link to comment Share on other sites More sharing options...
Blan Posted April 7, 2020 Share Posted April 7, 2020 One of the important characteristics of a currency is its “weight”. From this, you can build on when choosing Quote Link to comment Share on other sites More sharing options...
Yokora Posted April 8, 2020 Share Posted April 8, 2020 I trade with the broker Amarkets, he offers, of course, a large set of tools for trading, but for now I prefer the most popular ones. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted April 21, 2020 Share Posted April 21, 2020 The most dangerous pair is when They have a large spread, Quite annoying if our pips movement just for covered the minus spread"Moreover" They have a less volatile in a day. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted April 21, 2020 Share Posted April 21, 2020 Best currency pair is of course EURUSD because of high liquidity even at night and low spreads, very good scalping on it. Quote Link to comment Share on other sites More sharing options...
Cejurus Posted April 24, 2020 Share Posted April 24, 2020 Beginners are recommended to use popular currency pairs, and with experience you can add other Quote Link to comment Share on other sites More sharing options...
Rainbringer Posted April 28, 2020 Share Posted April 28, 2020 By the way, novice traders should also know that on trading floors, when buying a currency pair, we automatically sell quoted currency. Quote Link to comment Share on other sites More sharing options...
Mezigis Posted June 20, 2020 Share Posted June 20, 2020 Each for himself chooses which currency pair to trade on. It is good that the broker Amarkets offers a large set of tools for trading Quote Link to comment Share on other sites More sharing options...
Fausi Posted June 21, 2020 Share Posted June 21, 2020 In addition to the main currency pairs, I try to use additional ones. It's good that the broker Amarkets has a good choice Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 21, 2020 Share Posted June 21, 2020 I believe that everyone chooses the best pairs for themselves that suit them according to the conditions. Now I work with ExpertOption, and I am quite satisfied with the broker. Quote Link to comment Share on other sites More sharing options...
Monaya Posted June 22, 2020 Share Posted June 22, 2020 It’s always better to gradually add currency pairs Quote Link to comment Share on other sites More sharing options...
Kelerad Posted October 20, 2020 Share Posted October 20, 2020 Well, it's not bad when a broker like Amarkets, for example, has enough financial instruments for it to be suitable. Quote Link to comment Share on other sites More sharing options...
gds221 Posted October 20, 2020 Share Posted October 20, 2020 Choosing a really profitable pair for the job is extremely important. It should be understood that the right pair for work can bring good profit. Quote Link to comment Share on other sites More sharing options...
Cordawield Posted January 4, 2021 Share Posted January 4, 2021 Indeed, when choosing a currency pair for trading, you need to understand how to work with it and know a little about the market situation regarding it Quote Link to comment Share on other sites More sharing options...
Bedisone Posted January 13, 2021 Share Posted January 13, 2021 Broker Amarkets, which offers more than 250 trading tools, makes it possible to choose a pair with which it will be profitable to trade. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted January 13, 2021 Share Posted January 13, 2021 I think newbies choosing currency pairs should stick to the most popular ones, because the information about them is a lot and broadly available. That is not always the case with the more obscure pairs. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted January 18, 2021 Share Posted January 18, 2021 In the forex market, it is up to you to decide which pair you will work with or which pair you will be more successful in trading. You continue to trade by analysis and see which pair your analysis is more successful. You should trade in the pair in which your analysis will be more successful. And if you can analyze gold properly, you can make a good profit from it. Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 18, 2021 Share Posted January 18, 2021 Any strategy, like this, requires experience and skill in working on such a strategy. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted January 18, 2021 Share Posted January 18, 2021 Developing a new strategy from scratch is practically impossible for a newbie, their best bet is to find an already existing one that works and use it. Quote Link to comment Share on other sites More sharing options...
Cordawield Posted January 21, 2021 Share Posted January 21, 2021 It is better to take those pairs that are very popular, and then, then, you can then add some exotic pairs. And it's good that the Amarkets broker has a large selection of trading instruments, which exceeds 250. Quote Link to comment Share on other sites More sharing options...
Ralph Posted January 22, 2021 Share Posted January 22, 2021 Which currency pair is currently trending the most in forex? Many traders used to trade with EURUSD. Since the pandemic is EURUSD still trending or is there another trending pair among traders? Quote Link to comment Share on other sites More sharing options...
gds221 Posted January 27, 2021 Share Posted January 27, 2021 It is quite important to always choose the pairs with which the results are most positive. Quote Link to comment Share on other sites More sharing options...
DonConcesso Posted January 27, 2021 Share Posted January 27, 2021 Which currency pair is currently leading in the forex market? Anyone trading with a profitable currency pair? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.