I’m new in the forum and not started trading yet. But I will like to know the best currency pair to trade. Please advice for starters like me.
bcgiftbaskets on
Tue, April 17, 2007 10:47 PM
Hello,
I think that most of us trade the Euro, the Swiss franc (CHF), the British pound (GBP) and the Japanese Yen (JPY).
I trade those paired with the US Dollar, hence I trade the EURUSD, USDCHF, GBPUSD, and the USDJPY. They call those "the four majors". I have also been known to take trades on the New Zealand, Australian and Canadian dollars if I can't find a trade on the 4 majors. You must learn the fundamentals of FOREX trading and I recommend
the e-Book “Forex Trading Machine” by Avi Frister. You may find out further detail at www.forexboost.com It’s a “must be” book for beginners.
Best of luck.
