hi
i use several other set ups on diferrent time frames. this is an elementary setup as an intro for new traders. i stopped using it until recently. just in the examples i have given, i made on average 30 pips with the first two candles and over 45 pips more on average riding the 14 EMA.
there are no hard and fast figures per se as a lot depends on the market and the individual trader's trading style and tolerance for risk as well as money management.
what you need to do is demo what i have shown, and tweak it to suit you.
i use several other set ups on diferrent time frames. this is an elementary setup as an intro for new traders. i stopped using it until recently. just in the examples i have given, i made on average 30 pips with the first two candles and over 45 pips more on average riding the 14 EMA.
there are no hard and fast figures per se as a lot depends on the market and the individual trader's trading style and tolerance for risk as well as money management.
what you need to do is demo what i have shown, and tweak it to suit you.