For now..... only follow my progress..... if you want....
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Final Cut 2010 (Chart & Economic Talks) 77 replies
What is the difference between an "interday" chart and "intraday" chart? 2 replies
Have fun!
DislikedAUDUSD - by looking at the chart below can you see why I'm selling at the moment? My 1st order is 15 pips in profit with a 2nd order activated with a 15 pip SL and the first order SL is at BE. So, already my risk is only 15 pips and my TP at 70 pips for my first order and 55 pips for my 2nd. This current trade setup with risk of 15 pips and reward of 125 pips has a risk/reward of 8:1. This means if my hit rate over the long run is only 30% with this strategy I'll still end up making Lets do the math over 100 x Trades 100 x Trades at 30% success...Ignored
DislikedGBPUSD setup with a 20pip SL and 60pip combined TP giving us 3:1 risk/reward.... {image}Ignored
DislikedEURJPY short setup with initial risk of 20pips and potential gain of 120pips, which means risk/reward is 6:1. {image}Ignored