Real quick post: adding to open positions (none of which hit TP) as follows:
AUD/USD long at the .236.
GBP/JPY short at the .764.
EUR/CAD short at the .764.
No new positions due to my nearing 10% use of margin.
I've begun to play with a "Modified Grid System," which I am probably going to combine with the pivot point system if trades using the grid result in a "dangling" trade, and I'll post about it here once I figure out how to work it best ... . I can already tell that a grid system is going to be comparative "fun" (if that is possible). This will keep me busy while my pivot point trades go on about their business. Looks like the GBP/JPY short is nearest its target, but it still has 28 pips to go.
Happy trading!
AUD/USD long at the .236.
GBP/JPY short at the .764.
EUR/CAD short at the .764.
No new positions due to my nearing 10% use of margin.
I've begun to play with a "Modified Grid System," which I am probably going to combine with the pivot point system if trades using the grid result in a "dangling" trade, and I'll post about it here once I figure out how to work it best ... . I can already tell that a grid system is going to be comparative "fun" (if that is possible). This will keep me busy while my pivot point trades go on about their business. Looks like the GBP/JPY short is nearest its target, but it still has 28 pips to go.
Happy trading!
Fireworks are fun ... as long as you don't blow your fingers off.