There are only a few currency pairs that are traded heavily, they are.
- USD (US Dollar)
- EUR (Euro)
- GBP (British Pound)
- AUD (Australian Dollar)
- JPY (Japanese Yen)
- CAD (Canadian Dollar)
- CHF (Swiss Franc)
USD is the most traded currency in the Forex Market. Now, there are currency pairs called majors and crosses. Major currency pairs are the currency pairs that we recommend you trade. Below shows a table of majors and crosses.
Majors
- EURUSD
- USDJPY
- GBPUSD
- AUDUSD
- USDCHF
- USDCAD
Crosses
- EURGBP
- GBPJPY
- AUDCAD
- etc
How many currency pairs do you need to trade to make a living
Depends on your trading style. We personally recommend you Day trade or Swing trade. With Swing trading, you will hold the trade between 2 days to a week. So, it is a good idea to analyze all the major currency pairs every day and look for trade entry points.
You will not always have good trade entry points for certain currency pairs, that’s why we recommend you check all the majors. If you are a beginner or even an experienced trader, trading multiple currency pairs is the way to go.