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EUR/USD Trading Guide
The world's most-traded currency pair. Tight spreads, predictable sessions, the best 'sandbox' for learning copy trading.
EUR/USD makes up roughly a quarter of global forex volume. Tight spreads (often 0.1-0.5 on raw accounts), respect for technical levels, and clean session moves make it the best pair to dry-run a new signal channel before promoting to live. The catch: every other trader watches the same levels.
Avg daily range
50-100 pips
Typical spread
0
1 pip
1 pip = 0
Best sessions
London open
07:00 โ 10:00 UTC
Most directional EUR/USD moves of the day. Volatility doubles vs Asia.
London-NY overlap
13:00 โ 16:00 UTC
Highest spreads-to-volume ratio. Best fills.
ECB / Fed release
varies UTC
Set news filter โ but the move after settling is often a high-RR trade.
Setups that work
Daily-S/R bounce
Strong daily levels respect. Wait for engulfing on M15 + confirmation candle.
Break of London range
Asian range usually 30-50 pips wide; first directional break is high-prob continuation.
EMA 50 trend-pullback
Enter at EMA 50 on H1, SL below the swing, TP at next swing or 1.5R.
Common pitfalls
- Trading EUR/USD during Asian session โ usually a 20-pip chop, not worth it unless scalping.
- Tight stops at obvious round numbers (1.0800, 1.1000) โ institutional liquidity grabs.
- Following signal channels that hit EUR/USD 10ร/day โ almost all of them have negative expectancy long-term.
Pip values & spreads
1 pip = 0.0001. Standard lot pip value: $10. Mini: $1. Micro: $0.10.
Raw Spread brokers: 0.1-0.5. Standard accounts: 0.5-1.5.
Average daily range: 50-100 pips. ECB/NFP days: 150-300 pips.
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