i'm continually trade with stoploss and also the stoploss is concerning 30 pips and profit is 50 to firmly 60 purpose. i'm continually buy at ovesold zone and sell at overought......
i'm continually trade with stoploss and also the stoploss is concerning 30 pips and profit is 50 to firmly 60 purpose. i'm continually buy at ovesold zone and sell at overought......
I usually have different strategy from others I usually use scalping I look for 5 to 8 pips take profit and around 15 to 20 pips stop loss it may seem werred but it works good for me..
Nice plan, i like this trading plan of yours, but how many trades do you have at a go and how many hours do you wait for this trade before you close it? do you change the lot size and what is the lot size you use? i would like to know these questions.Quote:
Originally Posted by sumaya
Still 50 points and permanently resolve concludes sperm Leos 25. If you're lucky, the price moving much better for the long term, to get good results. Comment by flows and TP, price changes or adapt support resistance forever. And shopping is always Oversold Overbought.
i think that forex is the better job in the world.who are poor man they can be rich to quick to use forex.i hope that if anyone tread to forex he will be rich quickly.like job............................
my prefect stop loss program is making a perfect and well balanced strategy which shows you the right paths and defines the routes which one would be accurate to move on , the one who does not follow any strategy is obviously wrong , because this is a trading business without plan and a good approach no one can success in any king of business . Forex is a great business but needs some amount of efforts to improve it more .
yes i think it is good risky reward ratio 1:2 ...... but i like to trade with Average daily range of any pair........ and i always put my stop loss below or above the lost swing low or high........ as i always trade in trending scenario.......... so i am making good profit and i think it is very good risk reward ratio for me..........
my stop loss and take profit will different in every trade. forex market is dynamic, so my stop loss and my take profit is dynamic also, not fix depend on the market and the price movement. everyday will have different price movement, so either with my SL and TP
i dont use os top lose and take profit order i just use my manual cut lose and cut profit ,so i can determind where the price would be reversal point then i close my order and switching to other opposite order
if you use stop losses and take profit 25 pips 50 pips, then you have to make the analysis and prediction are very nice, and must find the appropriate entry point, so that you can trade forex properly and profitably.