- Breakouts of Inside bars and Pin bars.
- In direction of the day which will be decided by taking the open of the 6am bar on my chart.
- Long above 50 period Moving average, shorts below 50ma.
MONEY MANAGEMENT
- Stop losses will be 20 points from entry
- once 30 points in profit i will move my stoploss to entry. (amended from 40)
- Stoploss wil be trailed a few points above(short) or below (long) the the high or low of each 1hour candle.
- I will initially risk £10 per trade, or 10% as the account is only funded with the free £100 from ETX, this will be reviewed as the account grows.
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