DislikedI would like to add one more thing concern trading from " newbies " like I was a 4, 5 years ago and then later I needed to stop like You got on Your message.
I got to pair GBPJPY!!! Everyone told me , a lot of money and etc...good place to make money..everyone said a lot of pips..I change I trade NOW EURUSD, GBPUSD and that is it.. at this moment. Concentrate for two pairs and that is it for now...
Due to the fact of lack of time to trade, I have only two pair.
MarcelIgnored
I only trade EUR/USD and USD/JPY and USD/CAD
Each pair has their own behaviour. There are plenty of opportunities to make money trading a few pairs. I am not trading USD/JPY now but watching it move EUR/JPY around which in turn moves EUR/USD in similar directions.
I tried to trade EUR/JPY years ago with bad results since I did not understand the relationship between EUR/USD and EUR/JPY.
Nice communicating with you.