DislikedWish I had your confidence. Took a very similar position in EU, but had to cut losses as it moved against me.
Of course, it shoots up as soon as I get out!
dpIgnored
I'll say again, the tougher part is to hold on to the winners so you're not cutting your profits short.
I can't give you risk management or take profit rules. Practice, practice, practice and then your gut will learn and then your instincts can take over. This is a hard game to be sure.
There's a reason that the last table of the World Series of Poker has the same faces over and over. It's gambling theory. Candy Striper gives you the edge, but it's up to you to manage the bankroll.
Also, I'm not interested in having the most popular thread on Forex Factory so I won't bump it just to stroke my ego. This method/template is now out there for those who wish to use it, and I'll monitor it occasionally to answer questions...