DislikedHi FB,
I expected that some more experienced trader will answere your post, what Basber has done for 100% I think.
My experience says that I am more successful when I trade fewer pairs. I was bit surprised when I saw how many pairs you trade. For example, I trade just EU and GU right now and it seems to be OK to manage that (All the trend lines drawing, Fibo + Pivot analysis in more timeframes , etc...). If I trade like 4 pairs I lose much more often and much more money then.
I even use 5M instead of 15M TF now as I feel more comfortable there....Ignored
Tried 5M, it is too fast and tiring for me.
Previously have a few more currencies but eliminated them for now.
Stick with the currencies that seem to earn profit.
That is why now with 15M, have more time to watch different currencies.
And as setup don't occur at same time, have to watch more currencies.
I don't draw trend, fibo and pivot, otherwise that would take up much time.
Thanks for sharing your experience.
Cheers,
FB.