I have not been posting much recently, concentrating on my trading. And it pays off, my PA strategy is delivering +8% this month and it has evolved a bit. I am now working less and less with Market Orders but rather posting BUY or SELL LIMITS at resistance or support levels with S/L very tight and very high R:R ratios. The analysis of my past trades and money management stats led me to conclude that I needed to have much bigger winners since my win ratio is quite low.
All my results can be followed on Myfxbook, see my results page here.
Just put in a Buy Limit on AUDCHF, gret risk reward ratio if the pair retraces slightly to support.
The pair retraced upwards and stopped me out. I was in profit for quite a while but never reached enough profit, so I let my rules apply. Wath the descending trendline for any shorting opportunity.