Replies to post #91489 on Simple's Green Room

[pennies2007]

I just pick the key levels for the most part at the big even numbers like the central banks do. I've gotten to where I only use 2% to 5% of my total equity in my account per order. In this case, I'm using about 3% of my total equity per order since I'm dealing with hourly and 4 hour charts. That way, I can add every 100 to 200 pips for quite a few orders and not get in any trouble.