Hi,

read the book "Profit Magic of transaction timing"; not fully as it is a bit heavy, but the one concept that is worth a million dollars literally is the concept of displaced moving averages, and this works,

You just need to go with the sinusoidal waves and extrapolate. It comes easily with some practice. Try using "vhandstrade" for practice.

I use large stop losses like 100 pips for 10 pips of profit, I know this is not a good approach but I have just started will need to work on this.

read the book "Profit Magic of transaction timing"; not fully as it is a bit heavy, but the one concept that is worth a million dollars literally is the concept of displaced moving averages, and this works,

**try it**with long periods, I use 199, 99, 49 displaced by half their periods - all using simple averages. You have to use MTF to guess the direction of the wave next, I start of with the D1 then move down to M5 using stochastic oscillator for confirmation/filter.You just need to go with the sinusoidal waves and extrapolate. It comes easily with some practice. Try using "vhandstrade" for practice.

I use large stop losses like 100 pips for 10 pips of profit, I know this is not a good approach but I have just started will need to work on this.

It is toooo eazee :thumbsup: