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I pare down the size when trading GBPJPY due to high spread, not sure how system will handle that. EURJPY is a bit slower but spread is good 1-2 pips max, I can go full size on that one. Good luck. |
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Yeah, that's wise advice. Unless you're at a significant S/R level and have a good price confirmer, some reduction from full size is probably wise - and especially if you're not used to the pair's characteristics.
I too think eur/jpy is an excellent pair for slightly lower volatility, yet good spreads.
I certainly wouldn't be trading full size on an automated plan with gbp/jpy - but then, I don't trust the automated plans any further than I can throw a twelve-ton boulder. I only trust price action, and price action alone. To each their own...