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07-23-2013, 09:25 PM #106
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All currency pairs are profitable we can trade any currency. Some person like commodity trading and some like shares trading. Its depends on the preference of the forex trader but i think a trader must do trade in major pairs like EUR/USD, GBP/USD, AUD/USD etc because these major pairs have less spread and mostly works in support and resistance levels. The understanding and practice of these pairs is necessary for us.
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07-23-2013, 09:28 PM #107
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All currency pairs are profitable if you can play it right. It depends what the trader prefers. Different traders prefer different currencies. It is also depends on the suitability of a trader and which currency pair can benefit the trader in his/her country. But most of the traders prefer EURO/USD pair. So, many people will suggest EURO/USD is the most profitable pair.
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07-23-2013, 09:45 PM #108
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A currency pair is profitable only if the trader trading it has good knowledge and discipline. However trading with pairs which have low spreads and high liquidity is more profitable. All brokers have the lowest spreads for major currency pairs like eurusd, gbpusd, usdjpy, eurjpy etc
These currency pairs offer the best conditions for a trader to earn profits. They account for a major part of traded volume in Forex. These pairs are also best for short term trading strategies like scalping. Closing a bad trade with minimum losses is easier in pairs which have low spreads than pairs which have high spreads.
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07-23-2013, 09:50 PM #109
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Every currency pair is profitable depending what pair you focus to learn. But do not forget to calculate about spread that pair, because sometimes the spread not match with your trading system.
Example you are scalper, of course you need pair with low spread to get quick profit. Whereas long time trader sometimes not care with the spread.
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07-23-2013, 10:02 PM #110
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Currency pair is most important theame for traders. From my view the most profitable currency pair for traders to trade in Forex is Eur/USD. Sometimes GBP/ USD, is good as well because this two currency pairs have a much better active movement. When we compared to the movement contained in the other currency pairs. The active movement that occurs on the currency pair EUR /USD and GBP / USD will be able to generate huge profits for traders. To movement that occurs in the pair is not too hard to be estimate. So those currency pair is very suitable for use as a beginners.
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07-23-2013, 10:19 PM #111
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Many currency pair are available for trading. Mostly people trade in more than one currency. Which currency is they think give some profit they trade in that currency. Eur usd, Gbpusd, Eurjpy are popular currency and have good movement and you can earn from these currency.
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07-23-2013, 10:41 PM #112
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for me i think that the most popular paire of currency on the forex is the eur/usd i think that cause of the low spread that needed from the brokers and also because al most of the trader use the scalping trade so they will prefer to trade on some thing sure and with less spread possible , also the news of eur/usd are available in all the site of news and calendriale site online.
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07-23-2013, 11:57 PM #113
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what is the most profitable currency pair to trade these days at the news is full of the european debts crisis a real state bubble in china,and the u.s.a printing money to buy us treasuries.where does the forex trader who specullate on foreign currency rate in the currency market of today put his money in search of profits.
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Today, 06:03 PM #114
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According to me dollar and pound are the most secured pair that can be trade and the reson is that these two currencies specially dolloar is the world currency and it shows a very little variation and always show increse.
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Today, 06:36 PM #115
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i think that square measure several try that square measure profitable however the most effective and most profitable try is eursud as a result of this try is most volatile try in Forex market ,it extremely moves with high speed and you'll earn 100 percent of your capital in one day from this try .This try has abundant basic news that increase volatility during this try and close to regarding seventieth of individuals during this market square measure commerce during this try and earning sensible cash on everyday .So if you would like fast cash then exchange this try