Grid adjustments should be a relatively rare occurance. There is no specific signal that tells you to move the grid. Normally if the grid has been breached for a significant amount of time and the move looks to be sustained then it makes sense to adjust.

When to enter and what sort of profit targets to aim for is something that definitely needs to be personalised to that individual trader. I have covered this topic in its many forms so feel free to browse past posts.

On hourly charts (I actually trade from 2 hour charts, sometimes from 4 hour) there is definitely plenty of movement within the grid.

Fundamentals are just one part of the trading puzzle. Over the very long term fundamentals tend to hold true. The fundamentals behind the US dollar weakness this decade have certainly been true to form.

I trade with a grid on EUR-USD. I also have a grid on the other pairs that I trade (USD-JPY, etc.) but don’t use it as rigidly as the euro one.

It is possible to spend two hours a day and make 10% every month. Just don’t expect to start out that way. You’ll need at least twelve months, if not more, of experience and practice to reach that sort of level (and even then it’s not a definite).

Your plan sounds reasonable. This is of course not knowing what other trading experience or background you have. Just make sure the goals are realistic for you. Get out of any ‘get rich quick’ mindset you might have.

My Plan:
If I trade like recommendet in Bwilc, and Eur/Usd is moving every mounth about 300 pips it should be easy to make 10% every mounth, which means 1000% in four years.
I would trade within a +-400-pip-grid, would use from top to bottom of the grid 1:1, 2:1, 3:1 and 4:1, alltogether
10:1 leverage. starting with 1000,- Euro.
One pip would be between 10 and 40 cent, 300 pips Movement after a mounth should be result in about 100,- in the beginning.
I expect in four years a profit of about 100.000 if i trade carefully, following the above plan and the principles of Bwilc.
This plan is very new and i am quite optimistic.

But:
I made this plan during the last weeks.
My actual grid between 1.4450 and 1.4850 looks quite easy to trade.
I just beginn to understand the fundamentals of the markets and try filter out the best informations I can find. Dayly Pfennig, forexfactory, jackos house of pleasure and pain, and so on.
I have no experience and if I will find a job, only one or two hours to trade in the evening german time.

My Questions are:
What to do, if the market is leaving my Grid and moves up, like between august and november last year,
which advice gives Dirk du Toit in this situation?
Where to start and where to take profit, is there any plan?
I can see lastyears booming phase only at Dayly charts and I see no possibility for mediangrid-trading. Were there possibilities to install mediangrids in hourly charts ? What about median-channeltrading?
Did the fundamentals and the analysts predict these run?
Did You trade without a grid?
are two hours in the evening enough to to make 10% every month?
What do You think about my simple trading plan. Is there anything I have forgotten?
Is my Goal to make money so quickly realistic or did I underestimate anything?
I want to be quite sure because my family has no financial perspective in the moment, only forex.
I am also happy about every advice I can get from an experienced Bwilc-trader like You.
Thank You very much for Your Answer and for Your beautiful trading diary. I want to read it completely but still didnt read and understand all.

good luck to You and everybody who read this.

Yours Karsten