Hi all
I thought it was time to start for 2008 to place a journal.
ALL COMMENTS GRATEFULLY RECEIVED.
The breakout strategy is based on cable, using price as a confirmation, usually after 6am (but may stretch to 8am for the asian session to settle down).
Simple TP (20 pips) and SL (20pips) - The risk/reward is 1:1 and i am working on something else to increase it but am slowly backtesting.
Since i have a full-time job I will post screen shots usually at the end of a day.
I am using MT4 (Alpari UK)
Lot size will be 1.
Today the order was initiated at 14:15 open = 1.9802. Take profit at 14:30 for 20 pips.
(I think i managed to upload a pic)
I thought it was time to start for 2008 to place a journal.
ALL COMMENTS GRATEFULLY RECEIVED.
The breakout strategy is based on cable, using price as a confirmation, usually after 6am (but may stretch to 8am for the asian session to settle down).
Simple TP (20 pips) and SL (20pips) - The risk/reward is 1:1 and i am working on something else to increase it but am slowly backtesting.
Since i have a full-time job I will post screen shots usually at the end of a day.
I am using MT4 (Alpari UK)
Lot size will be 1.
Today the order was initiated at 14:15 open = 1.9802. Take profit at 14:30 for 20 pips.
(I think i managed to upload a pic)
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