Disliked{quote} Hi Dax, nice journal and how refreshing to see some real trading. A question if you dont mind: Are your stops/ targets placed around the indi's/ MM or are they more discretionary around highs,lows market sructure etc.. that is to say are your strategies completely mechanical or do they still rely heavily on your input/knowledge. all the best.Ignored
Stops and targets are mechanically generated but very dynamic because always checking ATR, to gauge volatility. So stops placement depend on how volatile market is at current time. Once the system places the stops I am not touching them, so its 95% mechanical.
I only make an intervention if there is too much exposure in one pair before major news, like FOMC etc, so i can trim down trades, or move SL to breakeven, etc. I consider that just using common sense as every trader has to deal with NFP, FOMC etc,.

regards..