Forex Trading - Starting Off
When you learn forex trading one thing you need to start off with is choosing which currency pair, or pairs, you want to trade. There are two common groups. There are the “majors” and the “exotics”. The majors include pairs such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, and a few others. The exotics include such pairs as NZD/CAD and anything else that doesn’t count as a major. If you are a beginner starting off with a major is probably your best bet. Most people do not trade exotics. Majors, especially the four mentioned above are the most liquid. Start off using one pair while you are learning.