Welcome to episode 21 of the Forex Answers podcast. If you are new to Forex trading, this is a great resource for you to start learning about Forex. Each episode is going to cover one brand new question. And our podcast is 7 days a week.
We just want to take this time to thank you all for helping this show take off. And hopefully we can provide you with valuable content in each and every episode.
In today's episode, we cover the most traded currency pair on the Forex markets. You may be surprised at the percentage of trades which go through one specific currency. You will also find out the three main currencies I liked to trade as a beginner.
A mistake many traders make is trying to trade to many instruments in the Forex markets, as well as trade for very long hours. These are two big mistakes which can be very costly when mixing them together.
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Enjoy the show...
IN THIS Episode:
What are some of the most traded currencies on the FX markets
What is the most traded pair on the Forex markets
Which currency is involved in 85% of trading
Some of the key currencies I traded starting out
- Benefits of trading the most traded pair
RESOURCES, LINKS & Tips MENTIONED IN THe episode:
ATR Article - Find out how much a currency tends to move on a daily basis with this free tool
Forex Answers Episode 19 - The episode where I cover what spread is and discuss some potential fees when Forex trading
Free 7 Day Course - Our free 7 day Forex course starts you off on the right track and walks you through 7 days of great content.
Free Live Forex Session/Webinar - Only 200 spots available, claim your spot at our next live session where you can come and say hi. And we will be delivering some great Forex content.
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The VintagEducation Team