DislikedMickD,
I am leaving my initial scout in as my next reentries can now be entered in a compounded amount with reference to where the key res/sup levels are at within the trend I am trading. I therefore have a large buffer and/or I can put more troops on than normal, but with a smaller buffer. The amount of troops I decide to put on is relative to the recent resistance level formed and my average cost base without incurring risk.
NPIgnored
cheers,
Mick.
PS, did you take advantage <edit> on the return of the sweep up?? I was watching PA and closed my short pos and am now long (and in rescue ) but it's looking ok and I hope to BE in a pip or so.
My reason for long is the support of the previous 'flag' formed on the 1H and we bounced off it with a bit of force, we'll see.
I made a good amount of pips on the run down though