This week has been bad. I put 8 pending orders (which is against my maximum 5 pending orders rule) and didn't set up SL on GBP pairs, and I deleted the good EU buy limit order. The net profit is only +3.488% now.

The criteria that I should use to delete or keep an order or not, should be the speed of the pair reaching or approaching the limit price. If the pair reaches or approaches the limit price very quickly, then I should consider to close or delete the order; otherwise keep the order open.

GU:
Buy @1.3550, SL 1.3430, 0.02 lot.
Buy @1.3300, SL 1.3230, 0.02 lot.

EG:
Sell @0.98, SL 1.02

UJ:
Buy @87.30, SL 86.30, 0.02 lot.

EA:
Sell @2.09, SL 2.128

GC:
buy @1.5120, SL 1.4730

1 week ending 23 January: -1.811%, floating loss -15.152%
1 week ending 16 January: -0.801%
7 week ending 10 January: +22.555%
16 weeks ending 21 November: -1.303%