Hi All A quick update on my position building exercise. I've been at it for a few weeks now with some decent results. For entries I've been focusing on H4 Inside Bar breakouts. I initially was entering with 1 position and moving SL to BE once I thought the danger had past, but more often than not with breakouts, price usually comes back to test the break. So now I enter 2 positions both with a SL, 1 with no TP (left to run) and the other with a TP the same size as the SL. This leaves me with a free trade if the TP gets hit plus a bit of breathing space with the SL. USDJPY 4 positions still alive, the first one from the 21/2, total pips 2890, lost 93pips establishing these positions and 18 pips so far with swaps and commissions. Net pips : 2779 Close up of the first 2 trades. I take the break of the inside bar not the mother bar. Helps keep the SL tight. Missed quite a few opportunities on the way down to stack more trades on. Also I'm looking for longs and shorts. This helps to get into moves early. I'll look to close 1 or 2 of the smaller legs if price starts to retrace (and hopefully I'll have a few longs in place for the leg up!) Cheers
