How to Pick the BEST Forex Pairs to Trade (3 Criteria)

Рет қаралды 73,468

Күн бұрын

How to pick forex pairs for beginners. When it comes to choosing forex pairs, you need to pick the right ones. Most people start out wanting to know the easiest forex pairs to trade or the best forex pairs to trade.
The best forex pairs are those that suit your forex trading system. The best forex currency pairs are also those with a good level of liquidity. So if you're wondering which forex pairs to trade or how many forex pairs should i trade, this video will help you pick the best forex pairs to trade for you.
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Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
Email: karen@karen-foo.com
Website: www.karen-foo.com
Facebook: / karenfoospeaker
Instagram: / imkarenfoo
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Music Credit:
Road Trip by Joakim Karud / joakimkarud
Music promoted by Audio Library • Video
• How to Pick the BEST F... Disclaimer:The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

Пікірлер: 364

@khairy3484 5 жыл бұрын

Points I Got: 0:37 Sufficient Volatility 2:13 Sufficient Liquidity 3:46 High Liquidity Pairs & Low Liquidity Pairs 5:51 Specialize Before Adding Btw, thanks for always sharing the knowledge that is very useful to us ☺️

@KarenFoo 5 жыл бұрын

You're welcome. Thanks for the summary again 😊

@trollslayer6454 5 жыл бұрын

Dr. Drac how long have you been trading? Since the great depression?

@marcozolo3536 5 жыл бұрын

Karen Foo invaluable information as usual. Cheers.

@aryantolistyo 3 жыл бұрын

@@KarenFoo where we can see data for volatility and liquidity? Thank you 🙏

@regal__capital 3 жыл бұрын

Thank you Karen, you bring a lot of value and you're straight to the point

@bellaolum9768 3 жыл бұрын

Thank you Karen, your videos are always so inspiring!

@c4un544n5 4 жыл бұрын

Haha Karen, really love watching your videos. Having someone explaining things in the style of Singaporean feels so homely.

@KarenFoo 4 жыл бұрын

Thanks for your compliment

@disciplinedfx6794 2 жыл бұрын

Always love when you wear your suits! Thank you for your generous and insightful guidance! ☺

@jayti6828 4 ай бұрын

Great video. That was all facts. I enjoyed every bit of it.

@karensitto 4 жыл бұрын

I like to stay loyal and get to know my pair deeply. LOL- love how you said that.

@samueltsrah5675 5 жыл бұрын

Thank you Karen. Which pairs to trade has been a challenge for me for so long and a single video you've turned my trading life around. Thanks a lot

@KarenFoo 5 жыл бұрын

You're welcome. I'm glad I could help

@samueltsrah5675 5 жыл бұрын

@@KarenFoo I pray God give you the strength to keep it up. Have a nice day.🙂

@KarenFoo 5 жыл бұрын

@@samueltsrah5675 I needed that today. Thanks :)

@stwarrior9983 Жыл бұрын

Love your straightforward teaching style. Really appreciate

@jasontan8555 5 жыл бұрын

Found your channel few days ago and start following, really like your no-nonsense sharing style. Thanks

@KarenFoo 5 жыл бұрын

You're welcome Jason. Thanks for your support

@leahdauramanzi5612 4 жыл бұрын

Same with me I am enjoying and learning I am a new trader and losing and I was all over on pairs thanks. Woman power

@junquinito2343 4 жыл бұрын

These are golden information for young traders like me. I love it! Thanks Karen!

@KarenFoo 4 жыл бұрын

You're welcome!

@processpatience3206 4 жыл бұрын

Great video again. Quality institutional level insight, all of us retail traders always wonder what it would be like to be on the inside of an institution.

@KarenFoo 4 жыл бұрын

Thanks for your kind compliment

@martinettenes1789 2 жыл бұрын

Another good one. Thanks Karen ...

@almuminwoodmate631 2 жыл бұрын

Karen foo, you are so great, keep it up

@Thenarayanaclips 2 жыл бұрын

A very good video. Madam. Your videos are always full of knowledge. Thanks a lot for sharing.

@melvinmelvinong3439 3 жыл бұрын

Thank you very much, Karen. This video is really good

@KarenFoo 3 жыл бұрын

Glad you enjoyed it!

@babalolablessing3330 2 жыл бұрын

Your videos are educative and entertaining at the same time ♥️

@forexeng 10 ай бұрын

I so much love your explanation. Very detail

@arinzealexa Жыл бұрын

Thanks for the this video, when I started trading, I was trading all pairs and all market and was constantly on the red zone till I reduced everything to 2pairs and 1 index, since then my trading stats became 📈, thanks for sharing this valuable information.

@wehttamak 5 жыл бұрын

this was a great video really appreciate the content you are sharing this is really priceless information

@KarenFoo 5 жыл бұрын

I appreciate you too :)

@KeiraIlze 3 жыл бұрын

Thanks Karen, very informative.

@dushyantkumar6482 Жыл бұрын

Hi Karen. Thanks for all the great and helpful advice. Can we consider USD/CHF?

@yali1638 4 жыл бұрын

Karen, you r not only made my mind opening, but made me laughing, love your sense of humour 🤣🤣🤣. Are you also only trade eur, jpy gbp, these major 3 pairs ?

@chuksohacheni6384 5 жыл бұрын

at ur young age u hv so much knowledge in forex I envy u. I'm working so hard to be like u

@KarenFoo 5 жыл бұрын

Thanks. I'm still learning everyday too

@hassany6997 3 жыл бұрын

Thank you so much for sharing useful information. Today is March 8th, 'The Women's Day'Congratulate this day to you Karen!

@candyvictor4034 6 ай бұрын

Thanks for the video my mentor

@mitchinsights8719 Жыл бұрын

very helpful advice, you're a star

@Hookahlover007 5 жыл бұрын

Nice lecture you are absolutely genius and have very high knowledge about trading ❤✌✌✌👌🌷🌷

@KarenFoo 5 жыл бұрын

Thanks for your kind compliment

@nickymasangu9255 4 жыл бұрын

Your videos are straight to the point..i like that..

@KarenFoo 4 жыл бұрын

Glad you like it

@tanakachinawa2824 4 жыл бұрын

6:14 😂😂😂😂😂😂😂😂😂😂😂😂 As a novice self-teaching forex trader, that is exactly the blunder l am doing. I am making a profit but losing it at the same time, it's like moving in a circle. Thank you for your advice.

@KarenFoo 4 жыл бұрын

You're welcome

@dailyhacks4634 4 жыл бұрын

love it:) be loyal to one not on monday you meet someone and mary you meet sally

@paulmitchell9954 2 жыл бұрын

Karen - beautiful theory BUT ... it would be more useful if you also talked about HOW to find those perfect pairs for the times when you're ready to trade ...

@kart554 Жыл бұрын

Best pairs are EUR/USD AND USD/JPY. Thanks for the video.

@petercho5316 5 жыл бұрын

Karen, Thank you again for you knowledge sharing

@KarenFoo 5 жыл бұрын

You're welcome Peter

@folaranmirichard7673 2 жыл бұрын

Thanks ma I am Nigerian man ,God will will continue to bless you and uphold your family You will continue to be great , all your enemies will continue to eat under your table You will always prosper more and more Ones more I say thank you For good works, I don't know anything about technical like this and I have lost money in the past because of wrong information we received on forex trading Thanks for sharing your knowledge it's giving me more confidence to go back to trading, keep your good works,unborn generations shall call you blessed woman that ever lived on the face of earth.

@ivykandjavera8005 3 жыл бұрын

You are the best mentor Karen, ❤️💕💗

@astarnyawate9411 Жыл бұрын

I love you so much you have made me learn more

@luckydwiner3767 2 жыл бұрын

Very useful one, tnx.

@aaronmcdonald4944 4 жыл бұрын

Thank you. makes complete sense

@KarenFoo 4 жыл бұрын

You're welcome!

@kzyanisara9357 2 жыл бұрын

Oh i thank you so much for your suggestion clearly

@9jaCashFlow 11 ай бұрын

Thank you for sharing.

@robertn31 5 жыл бұрын

Thanks for giving everyone lessons we would normally have to pay for. The thumb downers are just weird haters

@KarenFoo 5 жыл бұрын

You're welcome. Yeah haters just living in their mom's basement

@KarenFoo 5 жыл бұрын

Which do you think are the pairs I'll recommend? :)

@foreignexchangeworld 5 жыл бұрын

EUR/USD , USD/JPY and GBP/USD

@ifm5678 5 жыл бұрын

@@foreignexchangeworld i swear

@bilalsial6579 5 жыл бұрын

I think GBP JPY...GBPUSD

@tawfiqabdulwahab4740 5 жыл бұрын

USD/JPY, GBP/USD and GBP/JPY 😊😊🌹🌹

@wongyunqian8090 5 жыл бұрын

EUR/GBP GBP/AUD AUD/NZD

@reributan7240 5 жыл бұрын

Studying economy of a country and other research is important to have a profit in forex or just Graph ? And never seen someone like u answering all the questions. Doing great job .

@KarenFoo 5 жыл бұрын

You need both technical and fundamental analysis to succeed

@reributan7240 5 жыл бұрын

@@KarenFoo thank u Soo much

@devintham5632 2 жыл бұрын

Hello miss karen.. ive learn alot from your video about forex.. if i aint wrong in 1 of your video you ever mention that how to predict like the fed or the NFP news from US.. i cant find it.. or do you still remember the title of your video that teach us how to predict the news miss? Because NFP news is coming up this friday.. and the last month NFP i predict it horribly wrong.. lol... thx miss karen foo

@delta_yoko Жыл бұрын

if i have to guess which top 3 currency pairs u recommend I would say 1st EUR/USD and 2nd GBP /USD and last USD/JPY because they are high liquidity and they are pretty balanced in the volatility except for USDJPY

@rar8956 2 жыл бұрын

Hi Karen, it's only now i've watched this video.. i want to know what are your top 3 recommended pairs, please...

@MPlain 5 жыл бұрын

Best advice ever. Awesome video

@KarenFoo 5 жыл бұрын

Thank you for your compliment

@TNG_22 3 жыл бұрын

Thank you Karen 🤝

@bruceamisi 5 жыл бұрын

Thanks Karen Foo, your right

@emmazooto7114 4 жыл бұрын

Thanks so much for this valuable content

@KarenFoo 4 жыл бұрын

You're welcome

@naveenp3005 5 жыл бұрын

Asusual ROCKING info👍👌

@KarenFoo 5 жыл бұрын

Thank you

@Owa24 Ай бұрын

Did you do a video on the pairs as I cannot find it thanks Karen

@AsifKhan-sl1hk 4 жыл бұрын

Hi Karen , From where I can get a proper knowledge about candlesticks?

@basantabalami1307 2 жыл бұрын

Awesome You Like always

@junjeckyee1088 5 жыл бұрын

Hey Karen I've been watching your videos for a long time now. What do you think about trading with multiple monitor setups?

@KarenFoo 5 жыл бұрын

Depends on how many asset classes you're investing or trading

@deepakm726 2 жыл бұрын

I love you Karen..... This video made me... Very good to understand about the discipline along with the currency pairs.... Thanks karen... But I'm waiting for another video... Which currency pairs to choose out three.. Please let me know or please share me the link(youtube).... God bless you with great support and smile

@juochiokpala8384 2 жыл бұрын

ha! i'm just watching this after 2 years of release. how do i get the particular video with the pairs she meant now??

@shinekipkirui1753 2 жыл бұрын

hi do i need to just choose one carrency pair bar day?

@wsy91 5 жыл бұрын

Do all central banks kept their currency for reserve ? If yes which currency is safe to trade?

@mayshochann8452 2 жыл бұрын

You are highly recommend 🙏

@Hookahlover007 5 жыл бұрын

First like watch and comments

@KarenFoo 5 жыл бұрын

Early bird:)

@danangiswanto6585 5 жыл бұрын

GBP/USD, USD/JPY, EUR/USD. Thanks for the video

@KarenFoo 5 жыл бұрын

Spot on

@kjpd-jkod5001 5 жыл бұрын

Very helpful. Thanks

@KarenFoo 5 жыл бұрын

You're welcome

@strangedee2766 2 жыл бұрын

Thank you...

@ezrasitali7575 2 жыл бұрын

Correlation. How do I work with correlation when trading only one pair??

@tradecraftguru Жыл бұрын

YOUR VOICE IS SOULFUL

@kidyakuza 5 жыл бұрын

Hi Karen do you recommend to open a trade or analyze the chart using phone app? Is there any difference from using a computer? I've been looking at the chart on phone more often than computer as I'm always outside..not sure if it's a good thing.

@KarenFoo 5 жыл бұрын

I just did a vlog addressing this today . Stay tuned for it :)

@kidyakuza 5 жыл бұрын

@@KarenFoo Just watched it. Thank you :)

@user-zg2ti7yt8z 6 ай бұрын

Nice. I find that if go add every eurchf, audchf,gbpaud,etc like about 8 to 10pairs i become jack of all pairs master of none😂. So recently i started the ict silver bullet strategy n got somw good gains. And like what Karen here mentioned.Just focus on those few pairs. Dont go and add every single pair on trading view. Highly recommend anyone who wants to start forex to watch this.

@rexmotha1317 4 жыл бұрын

Trading many pairs is like Dating 40 people same time. Ha ha Karen u are humorous and good teacher

@KarenFoo 4 жыл бұрын

Thank you for your compliment

@candyvictor4034 6 ай бұрын

Mama what can you say on gold and US30 please can u do a video for me. I have been following you for long time now

@rodjames5771 5 жыл бұрын

Hi Karen - great video! Thank You for sharing. Your point on predictability is so important. If you are a technical trader your strategy may not behave correctly with all pairs. back test and continually filter to master your edge!! Have a great week :)

@KarenFoo 5 жыл бұрын

You have a great week too James

@brightkwena6713 4 жыл бұрын

My question is personal when it comes to TP and SL and you make a new order as a swing trade 1D chart can same TP & SL figure be used in a 15M chart.

@KarenFoo 4 жыл бұрын

The higher the time frame...the wider the sl you need to set

@brightkwena6713 4 жыл бұрын

@@KarenFoo what of Tp

@thomasdacquinonguiongui5911 Жыл бұрын

choosing a currency pair depends on which kind of trader are you, scalp, day , swing or position trader

@dnvndmusic 5 жыл бұрын

Very helpful 🙏✔️💯

@KarenFoo 5 жыл бұрын

👌

@mcbenckosfx5846 2 жыл бұрын

Thank you

@sameerahmed3305 5 жыл бұрын

Thank you Karen

@KarenFoo 5 жыл бұрын

You're welcome

@muhammadismatkhan6773 4 жыл бұрын

Hi hru kareen plz tell me 3 pairs which u tell in video

@muhammadismatkhan6773 4 жыл бұрын

And also which 3 pairs are best for trend trading systems

@onuorahemeka3794 3 жыл бұрын

Nice one

@bryanpatrick1937 2 жыл бұрын

Which are the best pairs for begginers according to her?

@ayebareeliot459 2 жыл бұрын

Thanks dear

@zarakikenpachi1238 Жыл бұрын

Thank you for the video , Can you give me 2 or 3 Forex pairs that you are currently trading ?

@keepcalm6769 4 жыл бұрын

Thank you Karen Foo

@KarenFoo 4 жыл бұрын

You're welcome

@usmankhan1655 5 жыл бұрын

Thank you so much

@KarenFoo 5 жыл бұрын

You're welcome

@joejoe5554 5 жыл бұрын

Nice Karen ... this is a humble request, plse make a video on Fibonacci and fib extension 😀 thnx

@joejoe5554 5 жыл бұрын

Am actually combining it with quarters theory of support and resistance, and i can sometimes predict the HH, LL, etc. It's fun!! too good. 😂😂

@KarenFoo 5 жыл бұрын

Thanks for your feedback

@pooyapirouz3371 2 жыл бұрын

i realy searcH for te next video But i ddnt find . would u plz write 4 me tHese 3 pairs ?

@satyamtiwari1837 3 жыл бұрын

I think best currency pairs for bigner GBP/USD, USD/JPY, EUR/USD

@taazidongmo6942 2 жыл бұрын

Please mdme am in barhain which broker can i use

@perdiki2073 5 жыл бұрын

I'm sorry for asking again what is the video you made on what market we should learn?

@KarenFoo 5 жыл бұрын

Which markets to invest for beginners

@Drums4fun2011 5 жыл бұрын

What you said about your brother, I'm laughing so hard right now! LOL

@KarenFoo 5 жыл бұрын

LOL. It is what it is

@carpelnaza3492 3 жыл бұрын

Got me laughing too as I thought about my one of my brothers... Lol

@raffymagt1bay 5 жыл бұрын

How if the pairs i choose comes from indicator that gives strong and weak pairs? Is it the right to pick even not in the list of High Volatility Pairs? Thanks

@KarenFoo 5 жыл бұрын

I dont understand your English

@raffymagt1bay 5 жыл бұрын

@@KarenFoo I mean if i get the pair to trade from the indicator that gives weak and strong currency and not the same with your given pairs like EUR/USD GBP/USD USD/JPY, Is it still okay to pick the weak and strong currency to trade? Thank you.