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Dan, I think you have no clue what you are doing. Initially you said steps being 20 pips, then a few posts ago you said 15 pips steps, and now I see you using lots as 0.01 thne 0.02 then 0.04 etc. Originally you said lots 0.01 then 0.03 then 0.07 etc. Why the constant change in strategy? Are you fitting the trades and strategy to every chart you see as you move forward? Pick rules and stick to them like glue. But I can tell you have no experience in forex or this strategy.
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KillerKhan |
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FINEX Group - Swiss Regulated Broker |
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I am in office right now. will post answer when i get back home. and also, is there any easy way to find out ? Regards svirk |
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KillerKhan |
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Retracements
Hi KillerKhan,
an observation about retracements and spacing between orders. If the orders are 20 pips apart, and the price stops 5 pips short of the next order, and then retraces, it will need to retrace 35 pips before a TakeProfit happens. Is that right or am I missing something? |
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