Disliked{quote} Hi ithinker; That's too exotic for me, these days. Now that I'm Trading M5 I only Trade EUR/USD, it's the pair I've Traded longest and know the best, and it gives me more than enough Trades. I don't know about you guys, though, you all seem more than capable of multi taskingIgnored
I only trade the majors because I follow Fundamentals and strive to be on the same page with the current sentiment at all times, because sentiment overrides Fundaments - short-term anyway. If there's fear or just simply uncertainty in the market USD/JPY will fall very quickly and will also recover very quickly once the sentiment changes - for me this makes USD/JPY very useful, especially short-term (lots of gaps to be filled).
I dont trade Cross-Currency Pairs because I believe they only represent an average of the corresponding majors if GBP/USD moves up 100 pips and USD/JPY moves down 50 pips, GBP/JPY will move up 75 pips. The screenshot below proves my point, especially the last candle.