If you mean risking 150 pip loss for 20 pip profit, as the first initial setting, it is not my cup of tea. I think it is worth only if you believe the probability of initial winning is higher than 90% (80% is not enough).
- #41,821
- Edited 11:53am Aug 23, 2009 11:38am | Edited 11:53am
- Joined Feb 2009 | Status: Commercial Member <- Don't trust me | 2,976 Posts
- #41,824
- Aug 23, 2009 12:39pm Aug 23, 2009 12:39pm
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I believe . . .
- #41,825
- Aug 23, 2009 12:44pm Aug 23, 2009 12:44pm
- Joined Jun 2006 | Status: Vivere! | 1,034 Posts
I'm pretty much done with all this ...
- #41,826
- Aug 23, 2009 2:43pm Aug 23, 2009 2:43pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.