Ok so Im not going to lie. For the last several months I have been consumed with GJ. It simply fascinates me the way this beast moves.
I have done some manual backtesting on this pair and to be honest my results are nothing special. Or atleast I have not found it yet. But I think this is the most profitable pair in the short run.
Anyways I wanted to start a journal that will highlight all my trades on GJ.
I will be trading on a 30M time frame and targeting 20 pips. Yes I know all too well about the downfalls of targeting a set TP limit. Like I said this is basically a short term trade and I just want to set a TP and SL level and be done with it....
Note- I have given up on the target of 20. The results were good, but maybe im just greedy. There is a bunch of money that can be made on this pair why settle for 20???
Current Risk Per Trade is around 9%. But with my current capital my broker doesnt offer mini lots. Full lots above $2500.... Not a fan of that....
I have done some manual backtesting on this pair and to be honest my results are nothing special. Or atleast I have not found it yet. But I think this is the most profitable pair in the short run.
Anyways I wanted to start a journal that will highlight all my trades on GJ.
I will be trading on a 30M time frame and targeting 20 pips. Yes I know all too well about the downfalls of targeting a set TP limit. Like I said this is basically a short term trade and I just want to set a TP and SL level and be done with it....
Note- I have given up on the target of 20. The results were good, but maybe im just greedy. There is a bunch of money that can be made on this pair why settle for 20???
Current Risk Per Trade is around 9%. But with my current capital my broker doesnt offer mini lots. Full lots above $2500.... Not a fan of that....