To my way of thinking, your missing a prime purpose of the basket.
It's not about making maximum pips...its about protecting yourself from the moves of the big money(BM)
The basket will survive any move by the BM (as long as your lot size is right.)
Wether the BM make a move in one, or two currencies- or in a whole range, like for example, a few months ago when the Japanese Government "intervened", and all the Jap pairs went down like a rock.
**The BM(Big Money) always use bad news to cover their moves
It's not about making maximum pips...its about protecting yourself from the moves of the big money(BM)
The basket will survive any move by the BM (as long as your lot size is right.)
Wether the BM make a move in one, or two currencies- or in a whole range, like for example, a few months ago when the Japanese Government "intervened", and all the Jap pairs went down like a rock.
**The BM(Big Money) always use bad news to cover their moves
DislikedHaving traded this strategy, trading one pair with 14 lots making 1000 pips is a lot better than trading fourteen pairs 1 lot each totaling 1000 pips.Ignored