Dislikedregardless the daily range. 40-50 pips are still good imo. depending on where you get in though. market condition sometimes do this. you just need to adjust your target profit accordingly, i guess. if this isn't going for you then you might consider choosing other pairs to trade.
when majors are not moving, then you might look into cross pairs.Ignored
Say I have a bearish view for the day:
- EUR/USD short (10 lots)
- GBP/USD short (10 lots)
- CHF/JPY short (10 lots)
- AUD/USD short (10 lots) - This is where I have problems lately, the correlation of this pair has significantly dropped lately)
It became a little more easier to collect 40 pips while trading all athe same time.
Also another note, I can't remember who, it was maybe Killerwhale or I think it was Kuroro (who I don't think has come back to FF for the last couple of weeks) who woke me up with CHF/JPY. It became a great indicator for the direction of EUR for me lately... You may want to check that all. I owe Kuroro one for that...!