Why did I tweak the trade? In the past I let winners turn into losers. When I realized what I could do with fixed ratio money management I resolved to not let that happen if I could help it going forward. There is no reason to be up 30 pips and end up losing. Because I expect today to be a trend day I am going for more than 30 pips but under other circumstances I would shoot 30 to 50 and be happy. Now if trade turns around I will not lose and will have capitol preserved for another day.
133.06 should prove to be good resistance anyways. If it is broken upward then my trade would be invalidated.
133.06 should prove to be good resistance anyways. If it is broken upward then my trade would be invalidated.