DislikedHi Mate,
Good set up you've got there. But I see you are averaging your shorts, it's not a good habit in long run.
Once again, good trade, only wanted to say my 2cent.Ignored
No I am not averaging my shorts. I start to scale in positions to get to my eventual target. This is in case if market doesn't reach my sell limit, I dont miss out on the trade. On the other side, if market does reach my sell limit, I get a better entry.
My risk is still the same. I would not add more than 4 Micro lots (which is the position I trade with these days).