Here are a couple of very good links to get you started. http://www.newyorkfed.org/publications/frame2.cfm?url=%2Feducation%2Faddpub%2Fusfxm%2F http://www.nfa.futures.org/investor/forex.asp Good Luck, DQ
I like to set my profit targets improbably but not impossibly high, often five to eight times my stop. I then use a secondary exit such as time or an indicator. This allows me to get nice steady returns while still getting a good piece of the big ...
I think I remember Marcel Link suggesting using the ADX to define wether a market is trending or range bound, and if range bound, using slow stochastics as an exit signal. I've never actually traded this way, but I have worked it into strategies I ...