Dislikedwhat if instead of tp at 20. you jump- trail your profit by that same amount. this would also make profit exponential. and take advantage of trend. say once price moves 20 pips in favour move sl to be.. moves another 20 sets sl at +20 and so on. ???Ignored
We make no desicion what price can be making or not and i have said so many times now. Why you ignore this and post this informations here? Have you no other thousands places only in forexfactory who care about all these things? I do not allow that this thread is going to be the same unreadable mess.
So if you want further be part here, better do not make submission here.
People get it. If you want one thing to forecast, you are with the first step in to analyze your chart. This system do not care about! Why we do not care about? With this system i will be free from it! Take it as it is, or leave this place forever. If you like to put all your thinking what can market making you are here not at the right place.
Edit: Market like to reach you SL! So i do not set SL or do other wild things to give market the chance to grab my money before I deside the right time for it.
Edit 2: Yes you can trail your SL to BE if price reach the 20 pips and after it reach it it grab your SL. At this point i have 20 pips booked in account and you have no money booked.
Edit 3: WE DO NOT SET SL! IF YOU READ FIRST POST YOU MUST HAVE SEEN THIS!
from first post .. you have read this?
If you love to analyze your charts in and out, fill it with countless indicators and drawings, you better move on, this is not that makes you happy.
This system is for you, if you have not the mood to analyze your chart or have not much time for it. I do also not know if this system is avaible or not, because i have not read all informations on forex factory.
The core part is money management. Trade small positions! This system ONLY work if you beware of it! Do not force to want have unrealistic growth with it or stop reading here and move on.
Have you all read carefully and understand? So if you ready i will give now the details.
I trade this with EURUSD the last weeks and have no result with other pairs.
All 20 Pips i have a buy AND sell order with only set the TP on the high of the next pair.
Market is more simple as you think. I write a book how to trade.