Winning...duh

Close 2/3 Nzd/Usd @ .8007 -9 pips
Close 2/3 Aud/Usd @ 1.0784 +16 pips
Close 1/3 Eur/Usd @ 1.4643 +134 pips
Close 1/3 Usd/Chf @ .8825 +102 pips
Close 1/3 Usd/Cad @ .9574 -18 pips
Close 1/3 Gbp/Usd @ 1.6519 +190 pips
 
Close 3/3 Eur/Jpy @ 120.98 -31 pips
Close 2/3 Gbp/Usd @ 1.6649 +125 pips
Close 2/3 Eur/Usd @ 1.4811 +141 pips
Close 2/3 Gbp/Jpy @ 135.98 -81 pips
 
Quote from rtiger29:

Nice trades so far. What do you look for to enter a position and how do you determine your stops
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Thanks. Mainly I'm just trading the trend. I identify a long trend and a short trend depending on personal preference, I also use discretion on whether to take the trade or not. The stops are just an arbitrary "disaster stop" based on above or below x number of previous bars. I never intend on exiting a position by being stopped out. My exit strategy should get me out before I get stopped out. If it doesn't, the stop is there just in case something big happens I don’t foresee. My exits at this time are 2 parts discretionary(dependent on my feel) and 1 part based on a system I use. The 2 parts/1 part will change as I move up or down in position sizing based on how well I do. There are times I stray from different parts of this. I've been trading for about 10 years. I hope this answers your questions without giving away too much(not that it matters) ha.
 
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