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Old 04-16-2007, 11:45 PM
leveragefx leveragefx is offline
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Join Date: Feb 2007
Posts: 60
In this USD/JPY example you can see two trades with 100% results. Since the trend is up the first sell signal only provides a scalp profit of 15 or so pips while the second buy signal produced up to a 45+ pip gain. We recommend when trading against the trend to take a 6 to 15 pip profit and when trading with the trend use our chandelier trailing stop to lock in most of the move which can be substantial.

The KEY to profitable trading is to have small losses and big wins. Letting your trend trades develop and turn into 30+ pip wins really helps cover the inevitable losses.



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Last edited by leveragefx : 06-30-2007 at 07:14 PM.
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