Week One October

No good opportunities last week

mistakes:

I made a big one On friday. I was up about 1xATR on USDJPY and wanted to half my position so that weekend news wouldn’t kill me on monday but some how I fucked up and reversed the position. I also some how took a 10x size. So I was the wrong direction and the wrong size with nothing I could do about it until monday. Luckily Monday opened lower and allowed me to get out with a small win but that easily could have bee a >10x risk loss.

This week:

AUD

Since I buy and hold australian stocks theres no point doing ASX200 long and short. I’m only going to go short at the 100 and 50 hourly looking for 10x ATR only moving stop up to 1xATR above the 100/50 or 5x if it almost gets to 10x and pulls back.

5 min

I tested the above on the 5 min and it seemed to work pretty well so I could try that with small positions

AUSUSD

Since all of my income and assets are in AUD there’s no point going long AUSUSD. I haven’t decided what to do with this one yet because it’s always a bit too choppy

Normal Strat

I want to move my stop up slower. Holding longer for full profit seems to work better in the long run