Hi Zest
The market is pissed you won yesterday so will hunt you today, that's how it seems to me anyway.
If you choose to enter a position with multiple trades, it is best to space them out in a percentage of the daily range. For example the EURNZD has a average daily range of 110 pips ( 100 Days )
AUDUSD has a average daily range of 61 pips ( 100 Days )
So I would use 0.5 space for H4 or Day charts - AUDUSD = 31 pips EURNZD = 55 pips
On M5 - M15, I would use 0.25 space.
The whole ideal is it gives you TIME to exit before a loss occurs. I manage all my baskets with a average price indicator which shows me where the break even for all trades is. Then I simply set trade manager to close all trades when say profit falls to maybe 75% the highest amount reached. Two weeks ago I reach around 950 pips with EURNZD before it fell back to 730 pips where it all got closed out.
