Disliked{quote} You are right, that doesn't help anyone at all, so please, in future, if you are going to tell people how many pips you are making, how about providing an explanation of how you are doing it for the benefit of everybody, because without it, such posts are pointless and belong to the interactive trading threads.Ignored
All trades were long, using the 2b pattern as the setup and buy stop orders for trigger of the trade. I use 5min and 1 min candle charts for overview and primarily 4 range charts overlayed with heikenashi for entry. I use a 10 point stop and 20 point target.
I trade variations of the 2b pattern. I have found a set TP of +20 works well with the DAX even in trending moves where I miss out on lots more points but the frequency of my setups make up for it and most importantly I don't want to try to pick the best exit point or trail a stop. My aim is for consistent chunks out of the market. It's working for me at the moment. Basically fading the boundaries of price action.