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Old 02-04-2009, 01:16 PM
joesmoe joesmoe is offline
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Quote:
Originally Posted by 1Dave7 View Post
I see that you also took a risky move (enter) on the second highest peak, and exited at the top of the peak. I guess the entry and exit rule can be flexible.

Dave
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I did not take that trade but you could have. I was just showing entry and exits. I don't pay attention to anything other then support and resistance and the Mac D. Some trades are 10 pips others are over 150 pips. Depending on the time frame I use. Yes the entry and exit rules can be flexible. Once you find you are winning trades you will be able to come up with a money management strategy that works for you. You will just need to pratice watching this set up. Don't try to use other things you know about trading it will just get in the way. Try to trade it as simple as you can.

JS
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