Updated: Oct 27, 2019
Hello boys and girls,(Warrning)today we will talk about most traded currency in the World,yeah EUR-USD !
We will talk about it like you have never heard about it,so stick around.
I must tell you this on start ,people who manage lot of capital in Forex barely trading EUR USD !And i also barely trading EUR-USD.
You know who is trading EUR - USD ,those 99% people who are at break even,losing money or they earning some small profits.
So at what side you want be on ?
If you want to change that in your life this site is made for you!
At second you delete EUR-USD from your trading you will become better trader.
I am trading from 2009 ,tested lot of tools in every different settings,indicators,pairs,so i think i have done lot of things in my life.
So hmm,I think the good news is trough my post you do not have to do those things like I am. You are just learning results!
There are bunch of sites that give you some stupid tools that are not work and you can not use.If you do you will lose!
I will try to give you ACTIONABLE tip that you can use right away.
The Kardashians Even now:
Nobody was popular like Kardashians,and nothing is still popular like trading EUR-USD,but the danger is messing with EUR-USD. As popular are they are they will send you to the same place!
I will give you 2 main reasons why this is the case,explain mistakes that most traders make,and in the end give you some tips you can use!
So you must know this,the most commonly traded currencies!On the top are popular ones,and what we think about popular pairs.
Reasons why they only trade EUR-USD
#They were just told to (Everywhere this pair is promoted,with every tweets ,blogs,video,everything)
#It is not your fault ,that makes sense because everyone there is smartass ,but really think about it!!
#It is the mos tliquid pair and yes most money passing trough it,and some of people think that because of that it will move more FLUIDLY ,things will have more sense and as result you will make more money of it.THE OPPOSITE COULD NOT BE MORE TRUE!
Liquidity in Forex does not matter ,and actually it works against you.I can not speak for exotics there,but stay within 8 major currencies and you will be fine!
#Forex Market is already super liquid ,and none of us have enough money to make the market react.The richest people on Earth do not have enough to screw up your trade.
#Spikes in the more non-liquid pairs do not happen often(Almost Never)
#I hear from other traders when i ask them why they trade EUR - USD only,so they answer is
¨I want to get good at one pair before trading the other¨ ,and my reaction is that has no sense at all!It is stupid!