Disliked{quote} I think is not much relevant what TS you will use. Anyway in your TE you dont open all TS pairs at same time ( you use pending orders ) but in your last posts you talked about open all pairs in one TS at same time. Personally I like more not open all pairs at same time but I think you should limit how long a pending trade is waiting because you have GBPAUD 2 days without open creating an unbalanced TS and breaking the main rule about TS need always 3 pairs workingIgnored
All orders should be placed (not necessarily triggered) within 15 minutes of GMT+10 from 1st to last entry or as close as humanly possible.
This means that at market orders will hit the market first and be recorded at similar times.
Pending orders will trigger in the market at some later time.
However, the pending orders will also be placed in the initial stages but may not trigger in the market at the same time.
This is perfectly ok and completely as expected.
Pending order cancellation is at the discretion of the trader unless someone can show me that a closure within a certain time offers a benefit.
However, if the trader is ok with cancelling the order after say 1 hour or 4 hours or 1 day then that is ok ... it is their choice !
You are correct about an unbalanced TS of which GA is a member.
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However, had I placed an at market trade on GA the result would have been a quick -1% but that's playing with hindsight of course and at the time of planned entry no-one was to know.
I'm allowing some degree of flexibility to the approach at this stage unless it is seen to be clearly negative to results.
Risk management I am not flexible whatsoever.
Trader has the choice to apply only at market orders, only pending orders, or a combination as dictated too by where price sits within the MML Grid.
Each approach has its advantages and also disadvantages.
So I leave it to the trader to make the choice, as it should be in this case.
Masterrmind..............
Master your Mind then Master your Trades