How many pairs do you really have at the same time?

I like to follow 4: EUR/USD, USD/JPY, GBP/JPY and XAU/USD. Each has its own character and teaches me different things.

4 pairs is fine if you have experience. For beginners, that’s like wanting to learn 4 languages at a time. You’re going to mix signals, emotions and mistakes.

I trade only in London and NY. I only have serious volume in 3 or 4 pairs at that time. So what else?

Bless simplicity! I used to kill myself by tracking 20 pairs with Excel, alerts, patterns... and I lost the same. Now only EUR/USD and GBP/USD.

I have 8 pairs on screen but filter with a brutal checklist. If they do not meet 3 conditions, I do not look at them. So I stay with 2-3 good entries a day.

I am trying to limit myself to just 1 pair for a whole week. It has given me a lot of clarity. Recommended!

Anyone here doing day trading with exotic pairs? USD/TRY type or EUR/ZAR type. Is it worth it?

Yes, but carefully. Exotics move a lot, but they also burst you with spreads and slippage. You have to have a decent broker and a clear strategy.

I did scalping with USD/MXN and ended up with a broken soul. The movements were good, but the execution was not accompanying.

The real question should be: how many pairs can you operate well without losing your head? If it is 1, make it 1. But do it right.