::: Trade Demonstration of Resizable Risk Management :::
ABC Analysis 001 EUR/ GBP LONG
16.3 pips 4:1 Risk to Reward time 3hrs
0.7 lot sz = $114 or ($16 per mini lot)
EUR/GBP Long :: moved in profit after 2hrs.
At the time of entry was a 4:1 (R:R) to encompass recent low
Upon first depth of retracement the risk area is resized to level of recent candle close thus making the risk 9:1 (R:R)