This pair us a really tricky one to trade and most people do not like to trade it. The spread is very high! Just a 0.05 trade can put you in the negative 30 to 50 dollars depending on your broker.
My suggestion is if u want to trade it , u could trade it at 0.01 and still make $200 easily. My lot size is actually smaller than that. I have 3 positions of 500 units which is half the size of 0.01. So my lot size is 0.015
Thus pair has formed a weird looking double top pattern on the 4 hour time frame. I see this as a reversal and I'm holding with 3 take profit levels
My suggestion is if u want to trade it , u could trade it at 0.01 and still make $200 easily. My lot size is actually smaller than that. I have 3 positions of 500 units which is half the size of 0.01. So my lot size is 0.015
Thus pair has formed a weird looking double top pattern on the 4 hour time frame. I see this as a reversal and I'm holding with 3 take profit levels
