Which currency pairs should I trade?

Currency trading involves buying and selling currencies in pairs. You should focus on a few currency pairs to avoid the risk of losing your entire investment. Also, you should focus on the most volatile currency pairs to maximize your profits. It's also important to follow the larger long-term trend and look for large swings to be expected. If you're not sure which currency pairs to trade, try these tips. If you know how to spot trends, you will be able to trade successfully.

EUR/USD is a good currency pair. It is the most liquid and cheapest currency pair and tends to move logically. It may be difficult for traders to use other currencies due to tight spreads and liquidity. Regardless of your trading experience, EUR/USD remains the most reliable currency pair. You can also trade CAD or JPY. As you gain experience, you can try new currency pairs.

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