DislikedI've been using your template this week. I only trade a couple hours in the morning and a couple in the evening. So far I've had 10 out of 10 winners.
I hope to hear more about your entries, but when to take profit is the hardest part. Do you always, use a fixed take profit?
Thanks,
DanIgnored
I have found that the secret to these kind of results is taking the 1st 2 REAL setups after 8gmt and then the same again at 14gmt. This is basically in conjuction with the breakout zones on my template. I trade e/j and g/u and by real setups I mean as I described in my 1st ever post here when I also provided the template.
About taking profit, I apply a trailing 15 stop loss immediately, then when I see the SL get to break even I change it to a trailing 25. Then I watch as i arrives at any pivots and see how it reacts, if we are selling for example and we arrive at a pivot and then get a bull candle eating up a bear candle I will take my profit. I do not get greedy and 50-100pips/hr is not usually a problem. When trading full 1.0 lots that makes you pretty damn happy as you eat breakfast.