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What is the BEST Forex Pair to Trade for BEGINNERS?! 

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The question "which forex pairs to trade?" is finally answered! Andrew Lockwood is going to teach you what the best forex pair is for beginners. Andrew goes over the three main factors to consider when choosing a currency pair to focus on: opportunity, cost, and risk. And gives multiple examples of the opportunities, costs, and risks of several different pairs such as EUR/USD, USD/JPY, and AUD/USD. Even if you are a veteran trader, you might want to take Andrew's advice on this one and trim your number of pairs back to a manageable amount!
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* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.
** Our team of coaches will never contact you directly outside of the Trading Room. If any person(s) contacts you via Social Media platforms offering account management or asking for payment, this is not HowToTrade and should be ignored.
*** This video and the video description may contain affiliate links, meaning HowToTrade.com will get a commission if you decide to make a purchase or trade through our links, at no cost to you.

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7 май 2021

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Комментарии : 73   
@ForexSignalsTV
@ForexSignalsTV 3 года назад
💸 Join Andrew in the Trading Room (7 day free trial) - go.forexsignals.com/u21hk-free-trial
@adriseeberath1400
@adriseeberath1400 2 месяца назад
A man that spoke sense the entire time! No rime-consuming filler content...loved the video!!
@FuturesBrizio
@FuturesBrizio 3 года назад
Only problem I see with limiting it to much is the simple truth that most of the time a pair is ranging. So unless you’re scalping on small time frames then a newbie may try to force trades that aren’t there because they “want to be in the market”. Looking at more pairs gives you more chances of finding a good set up.
@spirit-uplifting
@spirit-uplifting Год назад
I totally agree with you coz that's what I experienced when I tried to focus only on EURUSD. It was ranging and I forced trade then I lost
@USAFMorgan
@USAFMorgan 2 года назад
sir you're a gentleman and a scholar. this advice is heartfelt, straight-forward and easily relatable. thumbs UP.
@ForexSignalsTV
@ForexSignalsTV 2 года назад
Glad you enjoyed the video. Stay tuned for more!
@PerthGav
@PerthGav 3 года назад
Great advice to focus on a few currencies/pairs. Over time I've come to like the minors as the lower liquidity lessens the chances of being spiked out.
@byronharano2391
@byronharano2391 3 года назад
You explanations makes easy sense. Most of all is your honesty. Thank you
@AliArslan-tk6tr
@AliArslan-tk6tr 3 года назад
The only video you need on this topic. marvelous teacher. Townsville,Australia
@dandanndannnnnn
@dandanndannnnnn 3 года назад
Thanks. Very informative. Can you make a in depth video on correlation when you get the chance?
@ForexSignalsTV
@ForexSignalsTV 3 года назад
Good idea, Dan! Will look into that!
@huooful
@huooful 3 года назад
Thank you for these great videos!
@ForexSignalsTV
@ForexSignalsTV 3 года назад
Glad you like them!
@alexcool4155
@alexcool4155 Год назад
great advice..one two four max..golden advice..as an elliotwave trader always focus to one pair and its so great to focus more ..thank you
@ForexSignalsTV
@ForexSignalsTV Год назад
Hi Alex! Glad you enjoyed the video. Stay tuned for more!
@Al-Wylee
@Al-Wylee 10 месяцев назад
Great vid. Much appreciated. Got caught in correlation and learned the hard way few days ago 😂
@Thenarayanaclips
@Thenarayanaclips 2 года назад
Thanks a lot sir. Your videos makes so much sense. This is very helpful for us. Keep the good work up.
@ForexSignalsTV
@ForexSignalsTV 2 года назад
Glad you enjoyed our videos. Stay tuned for more.
@AliArslan-tk6tr
@AliArslan-tk6tr 3 года назад
Thanks Mate, very informative as usual
@19swiss
@19swiss 3 года назад
Thank you my teacher. I am getting better on risk management.
@YolandaWashingtontheoilcoach
@YolandaWashingtontheoilcoach 3 года назад
Thanks for the information, extremely helpful.
@ForexSignalsTV
@ForexSignalsTV 3 года назад
Glad it was helpful!
@bathandwamangwe7841
@bathandwamangwe7841 3 года назад
Great video as always
@ForexSignalsTV
@ForexSignalsTV 3 года назад
Glad you enjoyed
@mkn8225
@mkn8225 3 года назад
Thank you for Your great videos. Would You have any broker recommendation for EU people? Thank you
@ForexSignalsTV
@ForexSignalsTV 3 года назад
My pleasure, Mkn! Glad you liked it.
@lightbulb1437
@lightbulb1437 3 года назад
Can you talk a little bit about borrowing costs and interest charges especially on trades held on to the next day.
@MushtaqHussain3335
@MushtaqHussain3335 3 года назад
best guide for everyone not only starter.. thanks my teacher
@syedzargham677
@syedzargham677 3 года назад
It's really great Sir,..... very informative video
@brucesmith6868
@brucesmith6868 3 года назад
Thanks Andrew great advice !!
@robertafreespirit66
@robertafreespirit66 3 года назад
Always clear, straighforward, and educational Andrew.
@affaefd4093
@affaefd4093 Год назад
very informative, thank you
@ForexSignalsTV
@ForexSignalsTV Год назад
Thank you for your feedback!
@Attitude-royale
@Attitude-royale 3 года назад
Good video...my only question is if you are restricted to one or two pairs, why should a beginner attempt to stick to them even when they are in consolidation? Surely it would be best to turn one's attention to a different market thats trending and has a better setup? I.e. strong v weak curriencies
@ForexSignalsTV
@ForexSignalsTV 3 года назад
Good question. I might do a video on this!
@Attitude-royale
@Attitude-royale 3 года назад
@@ForexSignalsTV would appreciate that. Gonna renew my subscription soon by the way.
@gentsla1343
@gentsla1343 3 года назад
Great video
@kihembonobert8851
@kihembonobert8851 3 года назад
Thanks for the video
@mdalaminkhan1807
@mdalaminkhan1807 3 года назад
Your video is al time helpful ☺️☺️☺️ Thank you so much love you Form Bangladesh 🇧🇩🇧🇩🇧🇩🇧🇩
@viv6484
@viv6484 3 года назад
Thanks for educating us.
@frankrosin8914
@frankrosin8914 3 года назад
Are you new to trading?
@toniblg3253
@toniblg3253 3 года назад
Thank you Great advice
@RespectWorld-gv1ob
@RespectWorld-gv1ob 3 года назад
Nice video 😊
@ForexSignalsTV
@ForexSignalsTV 3 года назад
Thanks, my friend!
@gorakhlic
@gorakhlic 3 года назад
Very Helpful !! Thank You So Much Sir Vijay Saxena Mumbai... India
@oyewoabiolaolawale2382
@oyewoabiolaolawale2382 3 года назад
You are the best.... Mentor!!!
@upuludayakumarathennakoon7402
@upuludayakumarathennakoon7402 2 года назад
what is the best time frame to trade for bigginers
@ForexSignalsTV
@ForexSignalsTV 2 года назад
Hi there! Please visit www.forexsignals.com for more information.
@boysitompul1311
@boysitompul1311 3 года назад
Sir i wanna ask, how affect the fundamental and macroeconomic data to your trading? Shall we always have to lookaout the fundamental before taking a position?
@robmcghie5248
@robmcghie5248 3 года назад
Yes use technical analysis ...in the context of the wider economic situation
@atawahperry1852
@atawahperry1852 3 года назад
very helpful
@ForexSignalsTV
@ForexSignalsTV 3 года назад
Glad to hear that
@mohamudshosman972
@mohamudshosman972 3 года назад
Use full information
@christophertaylor6082
@christophertaylor6082 3 года назад
I REALLY needed to hear this! This is a great explanation of “ spread” ... I’m 6 months new to trading & have been mostly trading UZ & UM , I just keep getting stopped out easily! ......admittedly I was warned about the exotics! Now I CLEARLY see why! I’m gonna change my pairs now ! Thanks Andrew.)
@byronharano2391
@byronharano2391 3 года назад
Spread. That has caught me off guard. Can you explain spread and know how to enter a trade with a small spread as possible? Does this change if I wait to submit my trade? Thanks
@MushtaqHussain3335
@MushtaqHussain3335 3 года назад
nice video, esp the charming face of andrew ..
@NNG1
@NNG1 3 года назад
Definitely nzd/aud its more friendly less aggressive to beginners
@ForexSignalsTV
@ForexSignalsTV 3 года назад
Thanks for your input, Kalashnikov! Interesting perspective.
@malikbilal7184
@malikbilal7184 3 года назад
Required profitable strategy please help me.
@Ulrichduerr
@Ulrichduerr 3 года назад
@investwiththomson thats her active tag on teIe gram
@Madeinlondon67
@Madeinlondon67 4 месяца назад
Why aren’t any of the charts in the background moving at all 😂
@hamzaiqbal7860
@hamzaiqbal7860 2 года назад
👍
@ForexSignalsTV
@ForexSignalsTV 2 года назад
Thanks for watching!
@calicrypto9175
@calicrypto9175 2 года назад
This is the same guy who said that you can never make money in Forex....
@ForexSignalsTV
@ForexSignalsTV 2 года назад
That's right. But did you watch that video? You'll understand it if you watched the video.
@malikbilal7184
@malikbilal7184 3 года назад
Sir I have latest profitable strategy.
@marlinda6851
@marlinda6851 3 года назад
btw, don't listen to these people, they're just trying to steal your money.
@iamsheiwaal
@iamsheiwaal 3 года назад
The Best Currency Pairs to Trade as a Beginner EUR/USD. ... GBP/USD. ... USD/JPY. ... USD/CHF. ... USD/CAD. ... EUR/GBP. ... GBP/JPY. This pair, otherwise known as the beast, is one of the world's most traded currency pairs. ... Final Words. With roughly over $6.6 trillion on average traded every day, the Forex market remains the world's largest financial market.
@ForexSignalsTV
@ForexSignalsTV 3 года назад
Cheers for the input OThman!
@robmcghie5248
@robmcghie5248 3 года назад
Fiber, Cable, Gopher, Swissie, Never heard of the Beast so what is the nickname for the Euro £?
@kinglone9720
@kinglone9720 Год назад
Um eu/usd is the most traders currency pairs and friendly
@Bigstuffi
@Bigstuffi 3 года назад
Thanks for the tip, very useful.
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