In order for me to increase my equity and profitability in line with the targeted 1st month of USD300, i have to increase my trading and improvise the technique.
In doing so, the risk is also increases from 0.1% view to slightly below 1%
EU/US - 15 pips strategy
- 15 pips range with potential of 110 pips (10 layer)
- size per entry remain at 0.03 with a total risk of 0.30 (0.3% risk)
- target profit at 3.30 per way with a maximum of 6.60 for both ways (220 pips)
GU/US - 15 pips strategy
- 14 pips range with potential of 105 pips (9 layer)
- size per entry at 0.02 with a total risk of 0.18 (0.18% risk)
- target profit of 2.1 per way with a maximum of 4.20 for both ways (210pips)
Total risk size @ 0.30*2 + 0.18*2 = 0.60+0.36 = 0.96 which is nearly in range with 1%
Total profit per day targeted at 6.6+4.2 = 10.80
Total pips per day targeted at 420 pips.
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