Why the GBP/USD? that contract has a measly little $6.25 per point...is that the reason why you suggest it?
you should be trading at 1k per pip with your talent, not a MEASLY LITTLE 6.25 go big CAT or go home you have already proven how you are such a great trader, you need not waste your time at 6.25 a pip comments? bada bing bada BANG!!!!!!!!!!!!!!!!
I officially have the CME Globex British Pound on my contracts I might trade tomorrow. Thinking the $6.25 may not be too bad. Also mini Crude oil and soybean oil (another $6.25 per point contract)
You sure you don't want to add a few more just to make absolutly certain that you are looking at enough? Comments?
No, NO NO NO!!!! Trade one instrument and one instrument ONLY! I would prefer that you use the base pair itself, you need to be trading at say, one dollar per pip, and scale up from there. Next, get a 12,26,9 MACD and a 15 period moving average on your price chart, and NOTHING ELSE.
Disclaimer, all trading instruction is educational purposes only, if you do not have the money to risk, do not risk it! 5 minute timeframe Inky.