Is it best to start with just one currency pair to learn fundamentals?

[dianajs]

Yes. Initially it is best to choose one single pair. Spend time to observe that pair as much as you can. Every pair has Its own characteristics. You will find some unique characteristics of that pair. Study them and test them. It's a trail and error process. Once you are well familiar with one pair. You can choose another pair.

That is my advice as well. It's not a good idea to divide one's attention onto several pairs, especially as a newbie. Study them one by one.

 

[EURUSD]

That is my advice as well. It's not a good idea to divide one's attention onto several pairs, especially as a newbie. Study them one by one.

Yes one pair is already enough to making money if trader already really understand caracter these pair, and also trading one pair will easy to manage the risk, we can trading with using such strategy like as averaging with stop loss or we can trade for long term plan trading

 

[dianajs]

Yes one pair is already enough to making money if trader already really understand caracter these pair, and also trading one pair will easy to manage the risk, we can trading with using such strategy like as averaging with stop loss or we can trade for long term plan trading

What were the first pairs you began studying? EUR/USD?

 

[ishan agarwal]

Once you feel comfortable and confident trading a single currency pair and have gained experience, you can gradually expand your horizons and explore other pairs. Just keep it in mind, forex trading is a continuous learning journey, and starting with one pair allows you to build a strong foundation of knowledge and skills that you can apply to other currency pairs as you progress.