My arsenal still consists of 20 pairs, but if I see nearly identical chart patterns on several pairs,
I choose the one with the best PA. I do my best to take pips off the table - IOW, I'd rather take
a small 10-20 pip gain, instead of taking a BE+5 trade. So, there definitely is discretion being used.
I follow this thread daily, because there are some very sharp minds here. My goal is to get my
strategy to be more rules-based and mechanical. I think this thread will give me what I'm looking
for.
I choose the one with the best PA. I do my best to take pips off the table - IOW, I'd rather take
a small 10-20 pip gain, instead of taking a BE+5 trade. So, there definitely is discretion being used.
I follow this thread daily, because there are some very sharp minds here. My goal is to get my
strategy to be more rules-based and mechanical. I think this thread will give me what I'm looking
for.