Quoting Far From AverageDisliked7-9 pips? In forex? With an MA cross? You will sign your death warrent. Please, please, PLEASE do not trade this with real money until you've been consistently profitable for six months at the least. MA crosses are seemingly simple but nothing is ever that easy.Ignored
the 7_9 pip profit is for ranging markets. My system is more a breakoutsystem, then obviuosly you should aim for 30-60 pips, maybe even more.
So when it is false alarm you just should take 7-9 pips and wait for the real breakout!!!