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One of the more common topics in our trading community is what reward-to-risk ratio you should use when picking trade setups. Here are some pointers that might help you out.

The European Union offered Britain on Wednesday a free-trade agreement that is modest compared with what London has called for, and spells out clear limits on the access British banks could have to the bloc after the country leaves.

U.S. session traders still seemed to be in a groggy mood after clocks were turned back an hour, leaving forex price action subdued as well. 

There was plenty of volatility during the morning London session. However, directional movement was a bit lacking, so price action was rather choppy for the most part. Yen pairs were an exemption, though, since the yen took more hits and extended its losses.