I doing this on a demo- account.
The Idea is to see if RRR is more important then a good S.E.T (Stop loss, Entry. Target)
Of coarse it would be better to have good S.E.T and RRR.
Entry signal after clear full break or bounce of the trend line.
Not looking for a good target or a good Stop loss
- just pip target and Stop - 1 to 3 RRR.
This will lose a lot of trades but will it win pips?
I will be looking at a lot of pairs
- but the entry must be less then 10 pips to get in.
target 306 pips stop loss 98 pips
Will look at charts two times a day.
The Idea is to see if RRR is more important then a good S.E.T (Stop loss, Entry. Target)
Of coarse it would be better to have good S.E.T and RRR.
Entry signal after clear full break or bounce of the trend line.
Not looking for a good target or a good Stop loss
- just pip target and Stop - 1 to 3 RRR.
This will lose a lot of trades but will it win pips?
I will be looking at a lot of pairs
- but the entry must be less then 10 pips to get in.
target 306 pips stop loss 98 pips
Will look at charts two times a day.