[B]Would an admin please delete my previous thread, I would like to start fresh for the new year with a fixed system that I would use for a year.
All about risk management, always take more profit than you risk, or at least a 1:1 risk reward.
Will update my trades when there are changes to SL or TP reached.[/B]
[B]#3 USDCHF 4H Long -1R
#4 EURGBP 4H Short -1R
The 4H is killing me, I shall stick to D1 charts for awhile.
#5 CADJPY D1 Long
#6 AUDCAD D1 Short[/B]
[B]#5 CADJPY D1 Long Closed minimal gain, Did not realise was at monthly resistance[/B]
[B]#6 AUDCAD D1 Short Closed +0.5R
#7 GOLD D1 Short Will close when market opens
Net = -1.5R
#8 NZDUSD 4H Short[/B]
[B]#8 NZDUSD 4H Short Closed at BE
Seems like a trade without SL or TP can cause stupid decisions.
Net = -1.5R
#9 EURUSD 4H Long
No closing of this trade until SL or TP is hit, sometimes itchy hands can kill a good trade.
First trade has a 4.48R
Second trade if triggered has a 14.69R
-2R if SL is hit
[/B]
[B]#10 AUDJPY 4H Short Closed -1R
#9 EURUSD 4H Long Closed Orders, I was not thinking straight with this one
#11 USDCAD 4H Short
Risk 1R
TP 3R[/B]
