Personally, I like to get to know the market behaviour of a certain currency pair.
Each pair moves different, because of the different traders, that trade a chosen market. Each market resembles collective behaviours of the individuals trading that certain market.
I know one pair and trade one pair. GBPUSD
I know where it looks to move and where it likes to reverse, this allows me to make more correct predictions and put probability on my side.
To help you further you can use technical indicators to help you recognise entry and exit points.
this is a trade I like, I would enter a small position if it the 0.5% fib level
Each pair moves different, because of the different traders, that trade a chosen market. Each market resembles collective behaviours of the individuals trading that certain market.
I know one pair and trade one pair. GBPUSD
I know where it looks to move and where it likes to reverse, this allows me to make more correct predictions and put probability on my side.
To help you further you can use technical indicators to help you recognise entry and exit points.
this is a trade I like, I would enter a small position if it the 0.5% fib level