what pairs are you trading in nowadays? Are you able to generate profits?
I take long-term positions in line with trends off the daily charts, as long as most of the charts with the same base currency are equally bullish/bearish for the currencies concerned. This therefore means I currently favour pairs allowing long exposure to AUD and NZD, and allowing short exposure to USD. For example, long AUD/USD.
Interesting. What lot size are you using?
I'm not working in lots as I am spreadbetting (in the UK) but my position sizes are very small. Risk per trade averages about 0.5% of my account capital at most.
And rightly so, it is still the most profitable pair to trade with its predictability.Still, I am with EUR/USD.