Strategy: Discussion of entries and exits

We are going to use the 4 h time frames for the main entries.

So when we identify an entry on the daily we are going to ride the trend with 0.01 lots.

When we have a correction (in the 4 h time drame) we are going to close the daily position and open an entry in the direction of the correction.

We can also hedge the daily and open a new position in the direction of the correction, it is a matter of choice but I do not want to use more capital for the margin and pay extra swap costs for three positions.