- Do you only trade 2 pairs for a reason?
Yes, basically because virtually all experienced and professional traders use both pairs and the implication of this is that u will experience less of emotional movements which stretches trends beyond pre established supports and resistances as u would have on other popular pair.And this is not too good for tight stop-loss because of whipping. pairs that i see as also ok are aud/us and nzd/us.
.2 Can you be more clear on exit points? Maybe I missed it, but I didnt see you clarify when exactly I should eject…
i wrote earlier that i go for 30pips per trade even if it is a hundred pips trend move. this helps focus and management efficiency since i manage funds of others with a guarantee for their capital and percent of profit monthly . but sometimes as experience will show if the next support or resistance level is visible to u on the chart.
(i have put an automated indicator on this in the tread) the u can place your take profit limit 10pips before it. (if u decide to use the indicator please change the LB setting on the input to 10).
i hope this helps.