I’m pretty much done with my trading. Later today I’ll be studying charts.
I opened my trades, and set my orders. Just a few straddles, just in case. Not many because I’d like to see how price reverses before I reverse my position.
My total risk exposure (with pending limit orders) is 3.2%
My max is 4.6%, so I’m way under that.
I’m expecting JPY to go up. We’ll see what happens.
It’s kinda dancing around resistance right now but just starting to show a sprinkle of bearishness.
I finished my work in 4 hours, including breaks. Not bad.
There are some charts that perhaps I should look at, but those charts I noted yesterday as having no setups or I already missed it.
Besides, I’d rather not take any more trades for now.
Yesterday, I placed a 0.75% risk trade. And I lost. I didn’t like losing that much, to be honest. I’m going back to sticking with my 0.43% risk. For now, that’s my max.
I’m very comfortable with that.