Your charts are so helpful! How many active trades can you have open at one time? And do you limit yourself when you’ve hit a certain % of your balance?
I mean, what cover a bunch of pairs. What if like all of them have a trade opportunity?
Thanks for the words.
I trade as many positions as my risk allows, which is usually anywhere from 5-8 unprotected positions. I may lower my lot size as well to help with risk.
No limit on %, why would I not take setups the market gives just because I’m up a certain %. I don’t force it but will take good setups when they come.
I haven’t ran across where all the pairs have a setup, I may not even trade a certain pair for a few months. Also why I watch as many pairs, since I try and be patient with my setups the more pairs offers more trades without being too much to handle.
Just one to take a look at, I don’t have any orders placed but could be a good move once it decides to move.
EURCAD
Another chart to take a look at. No positions or anything just something to keep in mind.
Could be a flag or maybe a turn in pricing for a bit.
USDCAD
Im in 1 now. suckssss. 1 good trade and I can break even at least with my last 6 losses. gotta keep those f*ckers manageable, at least that’s the 1 thing i’ve been doing right lately lol
yep, i have this channel too my man. we’ll see what happens. not too much movement from it lately
Yea, my two AUD trades are moving now.
Yeah I think AUD had news the past hour or two. I don’t have eco calendar up right now
1 Like
A few more I have orders for or are already in.
EURCHF
Not active yet, just got my order in now.
EURJPY
USDMXN
nice. JPY has news late tonight
USDCAD finally broke above 1.24
NZDJPY 4hr. 81 current Supp, 82 Res. If 81 breaks, could be a good scalp opportunity on the Short side down to 80.5 area:
Looks like it could be if it moves on down.
well now it looks like its going to retest 81.6 area lol
For this I thought you do wait for price to close below or above as confirmation.
EURCAD running nicely
I do usually wait for price to close at or above my marks.
1 Like
I have opened more positions this morning.
EURPLN - Buy
NZDCAD - Buy
CADCHF - Sell
whoa there CAD pairs
Lol yep, I’ve had better days.