DislikedExcellent execution Watkins. Getting ready to place orders both ways requires a skill, I guess.
TSIgnored
No skill, only executing when FB signals either direction then attempting to stack on momentum and move to BE. A tricky thing to be sure when range-bound. I use scripts for progressing SL settings after entries. -15, -10, -5, BE and +5 PIPs for those with plenty of room to breath. I enter a position w/o a SL first then apply the scripts as the position moves into profit.
Seems we end up in the same place. I am now all out with positions with the following stats...
Stats today:
29 - Total positions taken
20 - Losses
3 - BE
6 - In Profit
3.48 - PIPs average cost per position taken
Total Losses on 10,000 demo capital (split 50/50 long/short): $168.86 net or 1.68% in losses. Its a learning process right.
Out for a bit of a nap as Frankfurt nears lunch and whiplash/narrow range rules. But, this was a great practice run to kick the tires a bit more.
One weekly, still looking for a break of 1.2755 R / 1.2700 S to confirm weekly FB up or deny and resume larger downward trend.
RDWatkins