Comment I only use three templates with different phases. To determine which template to apply to a couple, index or any other financial product, I take as a basis the daily range of the product.
These are the templates that I use:
Range Daily Phase 1º Target 2º Target 3º Target
60-90 pips 55 pips 42 pips 47 pips 55 pips
91-120 pips 76 58 65 76
100-150 pips 89 68 78 89
These are the templates that I use:
Range Daily Phase 1º Target 2º Target 3º Target
60-90 pips 55 pips 42 pips 47 pips 55 pips
91-120 pips 76 58 65 76
100-150 pips 89 68 78 89