EURUSD
Sergeant Major
- Messages
- 1,130
I believe all the majors are good for trading, but I prefer not to trade USDCHF or USDCAD. 95% of the movement are actually opposite from EURUSD, but you have to pay more spreads on them and 50% movement of EURUSD. Cable is an interesting pair to trade, but due to their noise, you must know how to handle the noisy cable.
Yes.Trading with major pairs are easier than using another pairs especially for newbie traders because you can get information about major pairs easier than another pairs and usually, major pairs have lower spreads than other pairs. But some traders could trade well with cross pairs like EUR/JPY, GBP/JPY, or any other pairs although it will be higher risk than using EUR/USD, GBP/USD, AUD/USD or any other major pairs.