Disclaimer

Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

Forex Majors - Why Trade the Major Currency Pairs

As you may know, currency trading is done on Forex pairs. You either buy one currency for the other or sell one currency for the other.

For instance, is you by the EUR/USD, you buy Euros with US dollars. If you sell it, you sell Euros for US dollars.

Currency pairs are divided into two groups: major [...]