DislikedThe stop loss of 100-120 pips recommended seems to high for me. I am modifying it to suit my needs better (all this on demo). I have been putting my stop loss below the second leg of the wave. This has given me a risk/reward ratio of at least 1:1 or better across all pairs Im currrently testing. Risk is usually between 15-20 pips and reward is usually 25-30 pips. My take profit level is coinciding with the nearest S/R level that fulfills the risk/reward ratio. Usually that is the S/R level closest to the EP. So far it seem to be working ok. The...Ignored
insanity: Doing the same thing over... and expecting different results -AE