DislikedBeing a complete newbie to forex, I've tried to find a strategy that is simple to grasp, and found this thread to be treasure. Thank you Jacko for this thread.
After reading the tread, I've decided to trade on a practice account for at least a month or 2 before starting with real money.
First trade I set was stopped out almost immediately at 1.5400, but I applied the AH and was in again at 1.5400, and has ridden this latest wave to a current 440 pip increase!
I just can't believe this can be so easy :-).
Does someone keep track of average PIPs won for trades using this method?
/HenrikIgnored
It is very hard to average out, mainly because Jacko lets the market dictate when to get out, with the trailing stop. Its not a set amount of pips.
Mono