All equity investments (muts) outside of the trading account were pulled at the close yesterday. I am 100 percent in cash and short the ES --Long Yen futures versus the USD as well
So that would make it ~1:2.6 risk/reward, correct? That's like 5p gain using 2 point stop. WTG, but ImPO it's not great, even though 120p might seem like a lot to some
Ok. Sounds good. This is why I hadn't posted this until recently, because it wasn't posted real time. There are quite a few places where I have indicated my overall bias, but no real time posting, so please consider this just as analysis after the fact. It may help some who are interested in the method.