for those watching at this system: i had to close parts of my positions to prevent an early margin call. this is the classical issue with martingales like ILAN. now I am definitely in a situation where prices go persistently to the wrong direction and retracements are not big enough. if trends will persist like this my account will be closed (manually or forecfully) next week. as the next big support is somewhere at 1.4500, I will not have enough equity for this move.
the main problem is that you often are already in a position when news come out, so you should turn if off 3 days before and as he have news with potential big impact almost every week (maybe not as NFP, but like CPI, home sales etc etc) you are out of the market 30-50%.
My experience is that eurchf is much more suited to that style of trading; i trade it on my other accounts, slow but steady growth.
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