If you mean risking 150 pip loss for 20 pip profit, as the first initial setting, it is not my cup of tea. I think it is worth only if you believe the probability of initial winning is higher than 90% (80% is not enough).
- Post #41,821
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- Edited 12:53pm Aug 23, 2009 12:38pm | Edited 12:53pm
- | Joined Feb 2009 | Status: Commercial Member <- Don't trust me | 2,976 Posts
- Post #41,822
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- Aug 23, 2009 1:14pm Aug 23, 2009 1:14pm
Always wait for the opportune moment… just be careful not to miss it.
- Post #41,823
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- Aug 23, 2009 1:19pm Aug 23, 2009 1:19pm
Always wait for the opportune moment… just be careful not to miss it.
- Post #41,824
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- Aug 23, 2009 1:39pm Aug 23, 2009 1:39pm
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I believe . . .
- Post #41,825
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- Aug 23, 2009 1:44pm Aug 23, 2009 1:44pm
- Joined Jun 2006 | Status: Vivere! | 1,034 Posts
I'm pretty much done with all this ...
- Post #41,826
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- Aug 23, 2009 3:43pm Aug 23, 2009 3:43pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #41,835
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- Aug 23, 2009 5:53pm Aug 23, 2009 5:53pm
- Joined Oct 2007 | Status: Member | 1,295 Posts
- Post #41,838
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- Aug 23, 2009 6:46pm Aug 23, 2009 6:46pm
- | Commercial Member | Joined Aug 2006 | 12,004 Posts
- Post #41,839
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- Edited 8:16pm Aug 23, 2009 8:03pm | Edited 8:16pm
- | Joined May 2008 | Status: Norman | 296 Posts