Moving forward we will be taking all 2degree trades on a new account. This account I will analyze and post every trade and trade/management decision for some duration. Perhaps at 100% growth we will explore other activities. All 0 and 1 degree trades will be taken on the 'risk' account which will be slightly smaller in size. Other positions that do not neatly fall into this system will be not placed on these accounts. We're starting with a 50k total kit split 60/40 into quality/risk accounts respectively.
Early Monday the Audusd might provide an opportunity and later on Monday perhaps Tuesday gold could also produce something for us.
Good Trading.
Quick update for the usdjpy and btc positions Friday.
Good Trading.
The btc trade continues, our next decision lies around the upper trend line that we've retraced to and interacted with. There might be a trade opportunity off this level if demand aligns with the markets intention.
The main pairs all are playing their own separate games. Different ideas across the similar patterns. Nothing stood out except the gbpusd and usdjpy of which we have a tempermental open limit for the usdjpy at 157.75.
We'll check back in with these few ideas and positions in a few days.
Good Trading.