Personally...
I don't relate any currency to any other currency, I don't listen to news, etc.
So for me, from a purely technical standpoint, every pair's chart is unique... I don't really look at the pair, just the data.
So for me it doesn't matter if I focus on a single pair or 20 pairs. Typically I will focus on the major 6 only, but there have been a few weeks that I decided to do all 19 pairs I am able to access, and I ended up with about 4x the return than if I just traded the major 6.
If you can consistently pick out the signs of a good trend and act on it, it doesn't matter if you are trading 1 pair or 100. You're basically just speeding up the process.
The one major thing to worry about when trading more pairs is drawdown though.
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