A change I'll be making, beginning tonight with the overnight trades, is reducing the pairs I trade via the overnight strategy to three. My reasoning behind this is, in theory at least, I would still be able to have a situation where I get a "day off" from live trading if all three of the overnight trades win (at 1% "reward" per trade). While having all seven winners puts me well above that, and helps put a bigger dent in the overall monthly target, there is also a much greater chance of a significant loss if all seven trades lose (and some maybe twice). Three is the minimum I could trade and still get the potential to hit all my daily targets if they're all winners. So, when I'm on target (or ahead), I will only trade three pairs overnight. If I start to fall behind the monthly target, I will add pairs to this strategy as needed.
For the remainder of this month, considering I'm right on my monthly target, beginning tonight, I will only trade EUR/USD, USD/JPY and GBP/USD using the overnight strategy.
For the remainder of this month, considering I'm right on my monthly target, beginning tonight, I will only trade EUR/USD, USD/JPY and GBP/USD using the overnight strategy.