Results for the 3rd week of trading this methodolgy. 3rd straight week in the green. This time, the pip/trade ratio is getting better, that was my focus compared to last week. Still weak at 7.3p / trade though.
Example of a losing trade: GBPAUD H4, thought I would be smart & catch a continuation trade. Of course in hindsight it looks awful, there were signs of price exhaustion. That would actually have been a perfect entry for a short. As usual .
This winning trade, AUDCHF H4, continuation trade opened last week, makes me question of alternative exit methods for my last unit (in the case of 2 or 3 units taken per trade).
Example of a losing trade: GBPAUD H4, thought I would be smart & catch a continuation trade. Of course in hindsight it looks awful, there were signs of price exhaustion. That would actually have been a perfect entry for a short. As usual .
This winning trade, AUDCHF H4, continuation trade opened last week, makes me question of alternative exit methods for my last unit (in the case of 2 or 3 units taken per trade).
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