well, the most important is to know to trade whatever that means to someone …if not then 2% or 1 % or 0.5% delay losing all money…
if based on geography then what to trade if I live in USA?
those in know or know how for example only will chose AUDUSD to trade that day instead NZDCAD.
Why? I do not know but i would like to know how to chose currency pair to trade that trading day.
I think that trading the EURUSD pair is suitable for beginners. Firstly, this pair is not very volatile and it is possible to set small stop losses. Secondly, many brokers have minimal spreads for such a currency pair, which is very profitable.
Yes, EUR/USD is not highly volatile and as the most heavily traded pair has the narrowest spreads on average.
Most traders would do better if they tracked the low volatility pairs. Over the long-term the least volatile are -
AUD/CAD (Australasian)
AUD/NZD (Australasian)
EUR/CAD
EUR/CHF (Major)
EUR/GBP (Major
NZD/CAD (Australasian)
USD/CAD (Major)
In this list the Australasians have the highest average spreads, the Majors have the lowest.
You can also compare volatility between pairs and confirm recent volatility by calculating the price dfifference between highest and lowest closes in e.g. the last 1 month. This might be surprising - it shows that EUR/GBP moved only 0.6%, while NZD/CAD moved 2.8% - more than 4 times as much!
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Pick a major pair that is volatile when you are available to trade
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But we are talking about beginners. And for them, trading with high volatility will be very dangerous. I think it is better to start with currency pairs with low volatility and when they are well trained to trade them, then you can try to move on to a more complex stage of trading pairs with higher volatility. This will be justified and the trader will already have experience and practice.
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True, but what if they start trading something with volatility that is too low. Like maybe an exotic pair
Exotic pairs can be extremely volatile, because they’re so illiquid. This is what they should be avoiding.
They should pick a major pair that’s less volatile
Exactly. And especially beginners! 
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If you think about it, illiquidity can itself cause volatility: market order trades will clearly cause larger price-movements when there’s less available on the DoM, won’t they? 
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Oh no. Just not an exotic pair. exotic pair has high spreads. Let me give you a simple example, I traded with several brokers, the last ones are fxopen and fxpro, and they all have the main trading pairs with low spreads: EUR/USD and USD/CHF, their volatility is average, these are the most popular pairs, there are many liquidity providers and spreads - low, a lot of information on currencies, even analytics in blogs. You can choose one of them and study, create a strategy, trade
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EUR/USD is quite popular and not without a reason, but consider pairs with CHF as well, they have relatively better predictability in comparison to pairs like the one you just mentioned.
Have you found liquidity to be any kind of problem? I have never had that issue in forex, but I have had problems caused by taking positions in crazily volatile pairs.
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Nope
I just thought that high liquidity meant high volatility
It’s not a direct relationship, but anyway, high volatility is only good if your strategy demands it for it to work.
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That is true
There is no relationship. The EUR/USD pair has high liquidity, but it is not considered too volatile
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Oh
But why tho
There is not going to be any pairs that will be easy to work on, but you want pairs with good liquidity, the rather more well known and popular ones should be better to work on.
As I understand it, if the broker has many liquidity providers (like my broker and many others), then the pair will be liquid and there will be ultra-fast execution thanks to the wide range of liquidity providers. In the case of the EUR/USD pair, there are not only many liquidity providers, but also many buyers and sellers.
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