DislikedOh I see. What would you say is the most common size / sizes I should ideally aim for? 100 pips?Ignored
For example, if the yen pairs set-up with a pin, and three are at weekly SR, maybe you'll find the gbpjpy needs a 200 pip stop because it ultra-volatile, the eurjpy, 150 pips, and the cadjpy 60 pips.
They're all pretty much the same trade, but each one has it's own average-volatility-range, so you just have to decide which one looks the best.
If the gbpjpy pays 200 pips it's 1:1 RR, and if the cadjpy pay 60 pips, it's still 1:1 RR. So you make the same money from 200 pips as from 60.
Pips really don't matter as much as RR.