After trying various indicators I have been having some success with using the parabolic sar on a 4hr time frame with the gpb/usd. I have set an entry whenever the trend on the indicator changes and then I set a 100 pip stop loss and a take profit of 50 to 100. I also do a stop loss if my 100 pip stop loss wasnt hit but the trend changes. My last 4 trades
1. +121
2. +88
3. - 50
4. Current + 28
Did a little back testing and with the right money management and studying it looks pretty good. Would appreciate some feed back.
Dave
1. +121
2. +88
3. - 50
4. Current + 28
Did a little back testing and with the right money management and studying it looks pretty good. Would appreciate some feed back.
Dave