GBPUSD
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in this post I wanna place the orders and gradually discuss the rules
lets start with EURUSD
market limit orders
entry 1.4145 - 1.4110
sl 1.4190
tp1 1.4070 tp2 1.4030 tp 3 1.3945 tp4 complimentary
reverse (buy stop orders)
entry 1.4190-1.4210
sl 1.4145
tp 1.4250
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https://www.cliqforex.com/attachment...1265584589.jpg
If you're a day trader why not trade 2 pairs? or one?
I expect you've got dual monitors (or more) for 9 currency pairs...
Sweet, if you can manage all of them and have the resources to manage drawdowns on most (or even all) of them, why not? I take it you are probably getting help from robots or ea(s). Clearly you can pair up a couple of affiliated pairs to market the drawdowns, but you are also hedging your profits.
Either way you cut it, it comes down to using a fantastic system (or systems) in place and your direction of those. You've got to be able to adapt as well.
Good luck.