...also watching the AUD/USD for a pullback long. Maybe we can get something next week...looking to enter around .95 or lower and play the long upwards as we did last week.
**Will also keep tuned on the EUR/USD, as it's seems to be in a little bit of a range and I'm a fan of those types of trades. Let's see if it can form a tripple top here and dive back down to the support range...that or break upwards and on to make new highs. I'm looking for more of a range trade though & not looking to play upward movement. But with a weak dollar coming, eh, I don't know if we'll get that chance. Let's watch! :)
Also, one thing I need to work on is making my position sizes more consistent. Right now, I'm using variable lot sizes, sort of depending on my confidence or because of staggered entries. I think staggered entries will still require varied lot sizes but otherwise, trades need to be of the same size. So...I'll work on implementing this over the coming weeks and because of such, I may encounter bigger drawdowns if any of my first few "more consistent lot" trades are losers. But, granted I keep consistent with my trade sizes, the wins will come back and take over the running P/L.
The account is up +6.4% this year, down .2% from last week with the GBP/USD trade loss from yesterday morning.
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