My real time forex trades

Quote from TMcKenna:

Just went long Aud/Nzd at 1.1251
This pair pays $6.60 per pip, so I could add 2-3 more lots later if we dip bellow 1.10
More...

Closed long at 1.1333 for +82 pips
 
Quote from MACD:

Good Thread -- thanks

May I ask why and how you chose your currency pairs?

Thanks,

MACD
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Hello MACD,
I have 18 currency pairs on my watch list constantly, eur/nok and usd/nok are the most exotic ones, the rest of the pairs are majors and almost all crosses of G7 countries.
I prefer overbought and oversold levels to enter the contra-trend trade because I rarely need to use stop loss.
Currently my attention is at eur/chf (will short close to 1.60)
Aud/Nzd which I already bought and sold once for a nice profit(see above) now waiting to come back to me at 1.1250 level again.
Also, eur/jpy trade which is still open (-30 pips at the moment) is low risk trade at this level, unles crazy Kim does something really stupid.
So if I limited my trades to just one or two pairs I would have to wait long time to reach overbought or oversold levels on daily chart.
This way with 18 pairs, there is always something to trade, market tends to overshoot almost every time and that's what I'm waiting for.
 
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