In the first part I covered the Euro pairs I am looking at, and here I will discuss Pound Sterling.
The dotted lines represent the ideal position for a stop loss.
Similarly to the Euro trades, I will go for 2.5% exposure, making the total 5% with both baskets active.
I will treat these trades like a single entity, and won't close the longs unless one of the pairs breaches the stop loss.
If I detect a sentiment change, I will update the post accordingly.
Target is achieving a 15% capital gain between both baskets, at the very least, so equal risk to reward, but split between multiple pairs to diversify.
The dotted lines represent the ideal position for a stop loss.
Similarly to the Euro trades, I will go for 2.5% exposure, making the total 5% with both baskets active.
I will treat these trades like a single entity, and won't close the longs unless one of the pairs breaches the stop loss.
If I detect a sentiment change, I will update the post accordingly.
Target is achieving a 15% capital gain between both baskets, at the very least, so equal risk to reward, but split between multiple pairs to diversify.
