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but there is a problem trend traffic works good on TF 30
if you put it on TF 60 its very bad
on this system i took only tp 10 or 15
i dont like to lose money i prefer all green less profit but all winning position
its a psychological problem i prefer less pips but no loss
but BIG LOT
an i ve never trade in all my life
this how install forex calendar http://www.forex-tsd.com/115938-post5.html
when you drag it on your chart
go on inputs
display line true display text true
rating 3 = high impact 1 = low impact 2 = medium impact
i use max rating 3 and min rating 3
when you install forex calendar TOOL OPTION EXPERT ADVISOR
Forex Pivot Points - Free Daily Pivot Points and Camarilla Levels
with resistances and support
and yes STEVENALI HAS REASON TP 20-30
for example : YOU ARE LONG when price its going to near a weekly or monthly resistance what we must to do ???
1) wait the resistance its broken and follow the trend
2) take profit some pips before the resistance and if the resistance is broken wait to open the new LONG position ????
There are no hard rules for exiting, just grab 20 - 30 PIPs, try putting in multiple lots. As Lot 1 TP is hit, move Lot 2 to B/E so have a free trade riding the trend and keep moving SL to protect whatever PIPs you want... I forget what they call this method....
take profit its near resistances and supports
please read before the thread about support and resistances
thanks to linuxuser about this thread
look tghis chart weeknly resistance big red line
price try 16 times to broke it 1.5950
smal red line are small resistances
1.5869 1.5846 give a look after the news about GBP 4 down candles