Ok, the AUD/GBP took out its stop loss. My fault for trying to anticipate the trade. Turns out the signal never came!
Locked in some profits for the dow
At the minute I'm very much in test phase, so I'm happy to go off all signals. In time I will look for a way to filter my trades, depending on results. An obvious filter is to take signals only in the direction of the trend on a higher time frame.
Whether this works on not, I'm hoping to learn...
So I think my plan going forwards is to test my new more rules based system.
I'll take signals from the 4 hour charts when I'm unable to watch the market, with stops in place and take profits at around 2:1.
When I'm sat in front of the screens ill take signals of either the 5 minute or 15 minute...