Trading on M5. Not counting the small gains.
Each winning trade = 4R except USDCAD & EURJPY trades.
5 Winning trades = 5 * 4R = 20R
USDCAD Winning trades = 2 * 1R = 2R
EURJPY Winning trade = 1.5R
Total Winning trades = 20 + 2 + 1.5 = 23.5R
Each Losing trade = - 1R
Total Losing trades = 13 * (-1R) = - 13R
Net profit = + 10.5R
Trading on M5 & M15. Trying "Risk to Reward approach" on DEMO. Risk is ALWAYS 1R but aiming + 4R for reward. Will go back to LIVE trading tomorrow.
Trading on H1. GBP spike has cost me a lot of pips on GBPUSD & GBPJPY trades.
Three losing days in this week. FOMC trades made my week.
Scalping on H1. FOMC trades made my day. Reduced size and scalp on H1 after FOMC but decided to hold them overnight so i had to watch those positions whole night.
FOMC trades.
Today's day trades.