Originally Posted by
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There are not many reasons to market in Forex. The only legitimate one I can think of is that a carry trade where you are working to catch the interest rate differential between two pairs. That is great if you've got 6 weeks and are happy using a pip a day. Not to mention that you take on some directional risk while doing so.
If you would like to trade Forex, decide on a pair, buy a system and trade it. Do not trade correlated pairs in opposite directions. That is plain retarded. Grow a backbone, pick a direction and go with it. If you're incorrect, stop outside or reverse course. Trading correlated pairs in the opposite directions only benefits your broker since you've paid double the spread and locked yourself out of any profit.