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- ig_snowhawk replied Nov 7, 2007
You got the point. I found that there will be a slight retrace back after the price hit 30TP, most of time this retracement will hit the SL of target3 if I use trail stop to move the SL to BE. So the total profit for a day is 45 pips. I would like ...
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- ig_snowhawk replied Nov 6, 2007
6th,Nov, Tuesday(EST) EUR/JPY target1:15 target2:25 target3:30 comment: I changed the TP to 15,25,30 and the stop loss to 25, trail stop 10. Large long trend for EJ pair today.
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- ig_snowhawk replied Nov 5, 2007
I got the same result in EJ pairs. But I started to test GBP/JPY with 50 SL, 3 target profit :25,50,80 on the same day. I set 25 trail stop. The price reach to target1 and then retrace back to -20, target 2 and target 3 finally ended at 0 profit ...
Daily95pips
- ig_snowhawk replied Nov 3, 2007
Thank you KFX! You did show me a way to explore it. Thanks!!! ig_snowhawk
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- ig_snowhawk replied Nov 3, 2007
May I come in? — I want to thank Mike to post such a great strategy! Here is my trade record on FXCM. I hope this may be helpful. 30th,Oct GBP/JPY target 1:15 target 2:30 target 3:0 comment: I chose this pair becos I just read the first part ...
Daily95pips
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