As usual the risk here is 2% of my balance and the target is 1.5 x risk . The last trade makes last weeks total +1% total . Break even takes the fees and spread into consideration . Stops and targets take fees into consideration but my fees have been pretty slim because all the trades use limit orders and very few entries dont sit on the server at MB long enough and are exempt . Gaining 1% a week wont propel my balance very far but theres enough weeks I gain 12% or more and few enough I lose a few percent that my account grows fast enough .
And price came back to the entry level slipping me 1 pip on the exit . Good thing since something happened to whip this whole pattern from both directions .
Might start looking at longer timeframes cuz soon Ill be too busy and away from the screens to pay close enough attention to an hourly .
It broke resistance and stayed bullish so Im cancelling the sell order and packing it up for this go nowhere for me week . I had 2 break evens and got slipped a little on 1 so lost a tiny amount ($2.75 usd) total .
No deep pullbacks in this uptrend/bullishness just wave like action . Ill get long if price breaks some recent lows and takes off again . Maybe too fussy waiting around to get long .