I trade in a similar fashion- first decide what my 'full load' is and the max pip loss I will take with that. From there that full load is divided down into as many times as possible. From there you start trading, full of ammo.
Actually the E/U is the only pair I trade. Have not run into any problems limiting myself to one. It's when I spread out on others that I run into problems.
The short term market in FX sucks ass these days. There is no fluidity in price action any more like the good ole days.
Longer term is about the only thing that seems to look somewhat normal.
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