I believe that not all Forex pairs are suitable for trading. What we should be looking for as traders are liquid markets that have sufficient price movement to make a trade worthwhile. With that in mind, the following pairs are the most widely traded, most liquid pairs and the only ones that I would consider trading: ?? EUR/USD – Eurodollar / US dollar

GBP/USD - British Pound / US dollar (often referred to as the “Cable”)
USD/JPY - US dollar / Japanese Yen
USD/CHF – US dollar / Swiss Franc
USD/CAD – US dollar / Canadian dollar
AUD/USD – Australian dollar / US dollar

And to further simplify Forex trading, you could easily limit your trading to the two most liquid and widely traded pairs, the EUR/USD and the GBP/USD. This really starts to reduce demands on your time for trading activities without giving up good profit potential.