DislikedVolatile pair [GBPAUD example] {image} Note: Do not trade this pair until you have a really good grip on the strategy. The initial global SL needs to be determined as outlined meaning that the number of entries per cycle is likely to be far less than for a turtle pair. Trading it with a 1K account maybe 1 entry if at all. Larger account - different story all together! Masterrmind..............Ignored
Important points also include the following:
1. look at the range in pips on the blue Quantum boxes looking to go long? about 40 pips and many Q boxes!
2. look at the range in pips on the red Quantum boxes looking to go short? much smaller at about 5 pips!
Many Q boxes is not always the danger what is the danger is a large range in those Q boxes because it is increasing DD!
Remember we are trying to control as much as possible the DD and the risk!
These are factors that require our attention in future cycles of trades.
Masterrmind.............
Master your Mind then Master your Trades