To the person who monitors currency pairs too closely and ends up missing the tastiest wave
Why can’t I ride the tastiest waves of all…
Is USD/JPY in a range? Then what about EUR/USD? How about GBP/JPY?
Chasing opportunities, I keep switching charts, and before I know it the screen is full of watchlists.
I jumped on a small signal from one currency pair, but it immediately moved against me and I cut the loss.
When I glanced at the neighboring chart,
the currency pair I had been watching up to just now, without me noticing, had already created a beautiful major move.
If you’re feeling that kind of frustrating sting,
the cause isn’t the method. The root of all problems is watching too many currency pairs.
In fact, I used to, with the single-minded wish not to miss a chance,
watch more than 20 currency pairs simultaneously.
But the results were a disaster.
From that failure, I now focus on entering with just GOLD, and limit watching to at most three pairs.
To get to the point.
If you want to maximize win rate and profits,
I recommend narrowing your traded pairs to “one.”
This time, I’ll explain why narrowing currency pairs dramatically stabilizes trading and how to choose the “one that earns”.
First, please look at the three key points to break free from the currency-pair monitoring hell.