Sunday, April 22, 2007

What is the best currency pair for forex intraday trading? -

Hands down, it s going to be EUR/USD. EUR/USD due to the higher liquidity and small spread. GBP/USD is the second best pair to day trade but since spreads are higher than EUR/USD, EUR/USD is the number 1. iceland kroner/japanese yen. the EUR Don t even think about the GBP until you ve traded awhile; it will eat your lunch. Almost everyone on our msg board has been bitten by it; only a few can trade it. But if you can trade the news, all six major pairs are good. THE BEST CURRENCY PAIR TO TRADE ARE EUR/USD AND GBP/USD.

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