About EURUSD
EURUSD is the most traded currency pair in the world, with the tightest spreads and deepest liquidity. It reacts to the interest-rate gap between the ECB and the Federal Reserve and to euro-area and US data.
Most active during the London session and the London–New York overlap (13:00–17:00 London time); big moves on ECB and Fed decisions, NFP and CPI.
How to size a EURUSD position
Position size = risk in dollars ÷ (stop distance × value per unit). Example on a $100,000 account risking 1% ($1,000) with a 20 pips stop: 5 lots, which risks about $1,000.
The order panel has a built-in risk calculator: enter your % risk and your stop loss and it sizes the position for you.
Which challenge to trade EURUSD?
2-Step challenge (10% + 5% targets, 4% daily and 8% maximum loss) or the faster 1-Step challenge (one 10% target).
EURUSD trading hours
24 hours a day, Sunday 22:00 to Friday 21:00 UTC.