DislikedHi Nip,
Fine system, to say the least. It seems that I must be thickheaded (very) and unable to grasp simple things. I say this because nobody complained about, what I see as typo/s, in the word doc.
On the page before the first M5 chart, "So now we see that our initial trade will be long at 1.9672 with a take profit at 9682 (initial take profit)."
Next page second row "Price continued to climb, the next 20% was closed at 1.9682.The next 20% at 1.9694, and the last 10% at 1.9690"
If price continued to climb after initial TP then close should be at what (1.9692?) And how does the 1.9694 fit in, it's neither 10 nor 15 pips?
Sorry, but I'm completely baffled.
Could you please elaborate for me/us.
Thanks
hertyIgnored
But anyways, Yes even though the price did continue to climb, the conservative trailing stop (the smallest one) only got to 9682 before the price spiked back down and then continue to rise. That is why it says that. The next TP though didnt get affected by the spike and was able to TP at a higher price.
Nothing is hard, some things just take more time and discipline.