I won't ask about your rules but could you please enlighten us how you choose the size for each trade. For example, according to your trade History on 11/12/10, you placed a trade of 500 lots then down to three consecutive trades at 10 lots, then back up to 500 lots.
Are the trade sizes based on any rules or is by instinct/experience based on price action?? Thanks!
it's all about money management e.g. refer to picture above. it's does matter how much instrument you want to trades, but when the right setup comes accroding to your predefined rule... then, it's time to make some money.
So you'd enter a fairly big long trade at where the current price is in your image (1.0281) because price has broken out of short term resistance and a longer term triangle? Possible first target around 1.0385 resistance at top of 2month range?
I was just wondering if you used a formula to calculate a trade size which you rounded up/down to the nearest 100 lots... or if you rate a setup as low or medium or high probability and then calculate a trade size based on your sentiment.
This was incredible, never seen anything like it, I like to congratulate you, I can not find any patern in your trading, but think possibly you use candles, I hope you will let us follow your trading, life or demo
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