- Going to try a new money management strategy to see how well it works. Unfortunately, the way my demo account is setup, it is risking too much on one trade, so I won't be able to do it like this in a real account until the balance rises a bit:
- Initial position will be 3 whateverlots, exiting one on a normal exit signal, moving the remaining stops to break even, exiting a second lot once we have another 100-200p profit depending on local S/R, and trailing the third 100-200p until it gets stopped out.
- USDCAD: short profit sitting at +322
- EURUSD: Long at 1.4485
- AUDUSD: Long at 0.8729
- USDCHF: going down? Short soon on the daily, we'll have to see if the weekly turns down around that time.
- USDJPY: keep an eye on it
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