Disliked{quote} 500 pips down , a couple of 100 to go Patience pays big time {quote} It's a combination of both. In trend trading I don't really care about exact retracement points, the further it goes the more I add as long as my probability of the main target is still high, and signal is valid. While counter trend trading (which I'm not actively doing these days), I like to be as perfect as possible in calculating probabilities and exact TP/SL pointsIgnored
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it