So far, so good....EUR pairs are coming home...still holding those orders from yesterday....
You don't have to or need to trade this way....I've said it before that you the idea is to make money. You can make the same amount of money by trading a smaller number of currency pairs, but trading a larger lot size. Too many people get hung up on pips. I can earn as much on 10 pips as I can 10000 pips.
It is far easier to trade a couple pair, get familiar with them and trade larger lot sizes. Less to worry about, less to tend to and take care of.
I do this to make a point and don't always trade this way. As a matter of fact, I very seldom trade this way.
The patterns are the same. It doesn't matter what pair, or what time frame. The patterns are what is important. Once you learn those, all the hard work is done.
Find one pair at the right level, right cycle and right pattern and hammer the hell out of it.
I won't be doing this next week. Gonna slow it down and size it up.
CJ
so you definitely dont need any new toys!