Tip #13   Stick to one or two forex pairs

Here we are at it again – keep it simple. By focusing on one or two currency pairs, you will be able to better comprehend their respective behaviors, or rather the behavior of the guys trading them. You will know what daily range and volatility levels to expect on different days of the week, you will get a hang of why at XX:XX o’clock usually the pair will move abruptly in one or the other direction, etc. You will be under less stress if you trade only one or, at the most, two forex pairs whether trading on a platform by Saxo Bank or MB Trading.