DislikedThe first hour after XO was fine.....then some nasty ranging as Freaky Friday reared its ugly head...... {image}Ignored
In the second hour after XO she offered a 65 point move down with three pullbacks for easy entry, and a 100 point range since XO.
So I am now trading DAX and GBPUSD in parallell. And when it comes to risk, take a look at the Relative ATR (see my previous post). This morning about 0.3 for GBPUSD and 0.5 for DAX, corresponding to a 5 point stop and an 8 point stop given the way I trade.
Add to that the difference in volatility structure. GBPUSD is much smoother with much less whipsaw risk. I have adapted my way of trading DAX to address that, but The Mistress is currently superior in terms of risk-reward ratio and ease of trading.