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cool, let this one run - can easily make up for all your losses so far. i'll get in on a pullback to the neckline, targeting 0.832. AUD/USD too. if i miss it, i'm already short XAU/USD with decent size :) what what what if XAG/USD breaks that 1-year triangle? then i could recover from all my...

..which exposes you to roughly twice the risk, right? What I mean is, that as far I understood your strategy, is that each trade should expose you to the same amount of risk (i.e. capital to lose). If you go for twice the pips in EUR/NZD to risk, then you risk more capital than you should :)

No, it should not be double-risk. Why do you not focus on risk per trade, rather than pips per trade?

smoking weed while trading works like leverage. it can certainly help as much as it can backfire. be careful and trade the plan!

careful, the wolf of wallstreet drugs are unlike the weed drug which is also unlike the alcohol drug, and that again is unlike the coffee or nicotine drug

out on both for -0.124 % loss ... don't see the conviction i needed to see

added 0.5 % risk on GBP/JPY and added 0.25 % more risk on USD/JPY on both breaking lower

textbook technical play + fundamentals confirm it. looking at 165 for 11 % profit. provided that i do not scale in to it ;) i am happy to wait all year for those kind of setups to generate all the return i need. just like usd/jpy which shall BREAK, BREAK, BREAK.

To earn respect in the field of trading is one thing. To earn respect in how you deal with each other is another.

My ego rose 3.8 % today, cool.

What a disgusting attitude. The financial trader scene is full with egos 100 % positively correlated with the size of their account. It's disgusting! Money comes at a price.. beware, new traders.

And another shot at USD/JPY at 102.15 with 0.2 % risk. Hard stop at 102.41. Should be ok.

nope, don't like it, also doesn't make sense with my other positions right now. I do love to short the USD/JPY here - lots of good levels and indications.

forgot to mention -0.5 % loss from that failed USD/JPY short breakout.. was scaling out of it and only kept a little bit. I just went short again at 102.24 with stop on a daily close above 102.50

positive correlation starts at 0.x % ;) out of NZD/JPY long with a 0.25 % profit .. don't like price to be too close to the entry with a central banker maybe trying to talk down the currency in a few minutes

Well it was a short-term trade, it's the end of London session, we're close to April low, the (potential) double top neckline, still very low FX volatility, and it's almost a 1:2 RR. Enough reasons for me to say thank you and close. I still have EUR shorts elsewhere too. BTW If your two pairs...

Out at +0.9 %. Keeping long-term short from 1.3912 and looking to sell rallies.

Well I just like FX so much better. Stock prices never seem to do what I think they would do. And it's open 24/5 :) The liquidity is amazing too. I think it comes down to personal preferences. If you haven't checked out other markets, you should do. Perhaps you find something that suits you...

FXCM Trading Station. I'm trading live for a bit more than a year.

short EUR/NZD at 1.5882 with stop at 1.6003 , adding 0.5 % risk