Disliked{quote} Hi dark, Thanks. Those 'impressive results' demands hard work over many years of trading and knowing and understand how some pairs trade at certain times. Before I post my chart showing those entries and exits of week 38, first important is to know what the market condition of EURUSD for the past weeks and how to identify the Market Type to trade. I have posted many times the 3 Market Types which I use to identify the forex market. Two of the Market Types is good for TMS trading and one which is not good for TMS trading. Read up on those...Ignored
Week 36 was another attempt to break 1.21 and its failure was a signal to start being aggressive on the sellside on Week 37.
My question was more on the risk management side as you sold 24 lots in an environment that started giving signs of a bearish trend but was and is still bullish both on Weekly and shows strong support on the 1.1850-60 level. Besides, only Sept 20 was a bearish day with a movement that really lasted less than an hour, which means this is the only day you made money on the sellside. So my question was less about the direction of your trade and more about the size of your position, and how you built that position using ME/ME to try and learn from you.