Disliked{quote} Hi fartist, sure that clarifies. By the way, will being in audusd trade increase Ur exposure to usd?Ignored
I'm in a few USD trades and have scaled in progressively.
But the only reason why i scaled in was because i had open profits to play with.
So even though i'm increasing my exposure to the USD, my open profits will cushion the retracement against me.
But you must also know that by scaling in, profits and losses will be amplified.. so it would be prudent to risk less than 1R on subsequent trades.
faratist
Whether you can or you can't, you are both right.