So put pending order in after big GBP move and waited for retracement. Largely the same trade idea for all 3 GBP trades that I am now in. As per other ideas, need to adjust stops to reduce the account risk, especially with 3 highly correlated GBP trades. Currently risking 6.87% of my account, which is above my limit of 6%.
Trade active
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EURGBP Risk 1.72% 2.37R
Moved SL to 0.86650 1.18% risk.
Trade active
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No adjustment to this trade today, starting to close below 200 EMA. Not a strong guidance, of course, but close below both would be a potential positive signal. Be aware last month of data has largely ranged and not paid much attention to the 21 EMA.
Trade closed: stop reached
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Stopped out on 0.8615, protect profit gain of 0.18%. Stop was moved to above break even at 0.8615 as I had multiple trades. Hasn't gone far but never went near my stop, but risk was too high across account.