EURUSD

EURUSD

Submitted by fxpros on Wed, 04/13/2022 - 12:15

EUR/USD is the most popular Forex pair in the world.

EURUSD TRADING

Trading Hours: Sunday 22:05 (GMT) to Friday 21:50 (GMT)

EUR/USD is the most popular Forex pair in the world. The base currency is the European Euro (EUR), and the counter currency is the US Dollar (USD). EUR/USD is an extremely liquid financial asset offering the tightest trading spreads in the Foreign Exchange market. EUR/USD narrow spreads attract scalpers and algo traders.

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10 Key Forex Trading Tips

Start with a demo account, then move to a micro-lot
Trade with ECN/STP brokers, no dealing-desks
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Focus on 2-3 Forex pairs, and learn all their secrets
Accept only trades offering reward/risk more than 3:1
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Trade the range between major support/resistance
Run your profits and cut your losses short
Use a trailing stop and a mental stop-loss

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