Rumby...
If we were trading the EUR/USD i would totally agree with you ,BUT we are not and with the GBY/JPY within 30mins there can be a swing of 150++ points.I for one am very happy making two or three swings a day on 5M,15M 30M 1hr or anytime frame with these pips up for grabs.The thing with forex is that you are in control of your wins and losses anything mentioned on this thread is subject to your own personal preferences.Some people may be happy with 5min with 50 points and 10 lots,others may wish to hold for hours it all down to the one who pulls the trigger.Pips are Pips
If we were trading the EUR/USD i would totally agree with you ,BUT we are not and with the GBY/JPY within 30mins there can be a swing of 150++ points.I for one am very happy making two or three swings a day on 5M,15M 30M 1hr or anytime frame with these pips up for grabs.The thing with forex is that you are in control of your wins and losses anything mentioned on this thread is subject to your own personal preferences.Some people may be happy with 5min with 50 points and 10 lots,others may wish to hold for hours it all down to the one who pulls the trigger.Pips are Pips