Here is the trade report for this week. I set up another demo account so that I can trade exclusively this method on it, it's easier to track results and isolate them from other methods that I trade.
So overall, second consecutive week that I trade this live demo, second week in the green, but second week with a ridiculous pip/trade ratio (less than 2 lol). Guess that it's better than finishing in the red, and considering I had a bad start of the week, it's still ok.
Next week's objective is to fine-tune my entries, and I need to think about the 3-unit trade system... It's got a reassuring side where it avoids that you leave too many pips on the table and that a trade reverses & goes against you. But I've had too many trades that hit TP1 of 1R, and break-even the other 2. That's also partly why the pip/trade ratio is so low, because when I get a loser I get -1R vs +0.6R in those situations.
So overall, second consecutive week that I trade this live demo, second week in the green, but second week with a ridiculous pip/trade ratio (less than 2 lol). Guess that it's better than finishing in the red, and considering I had a bad start of the week, it's still ok.
Next week's objective is to fine-tune my entries, and I need to think about the 3-unit trade system... It's got a reassuring side where it avoids that you leave too many pips on the table and that a trade reverses & goes against you. But I've had too many trades that hit TP1 of 1R, and break-even the other 2. That's also partly why the pip/trade ratio is so low, because when I get a loser I get -1R vs +0.6R in those situations.