the GBP/USD onn the 4 hr TF, the candle is not too big. I may have taken that trade. I'd leave the SL at 80 pips and just follow the plan with discipline. Paris
Also for a filter i use. If you have a signal candle that's much bigger than the candles all around it , please ignore this signal and don't take the trade. Most of the time price will retrace and take out your stop loss. So, ignore abnormally large signal candles. Paris:)
yes, of course. But remember other pairs have different ranges. For 4 hr on the EUR/JPY and GBP/USD use a 120 pip target with a 80 pip stop loss. And move position to break even after +46 pips. I find that works best. I haven't tested it on other pairs, except for these 3. Paris
Hi, I'm not trading any other way except Rebellion and FX morning trade. I use the GBP/USD for fx morning only. I use the EUR for rebellion on the daily time frame. I just had a trade with EUR. My first position closed with a +225 target being reached. My second postion is still open and...
Here is a profitable strategy to use on the 4 hr. time frame. First of all , I get in right when there is a signal at the open of the next candle immediately. For EUR/USD i use a 60 pip take profit with a 40 pip stop loss. I move trade to break even after +38 pips profit. I take every signal...
I trade the EUR/USD on the daily time frame using forex Rebellion. It's very profitable. I trade 2 seperate positions. One is using a 225 pip target with a 150 pip stop loss in most cases. I move the position to break even ( using a break even EA) after 100 pips of profit.
The second position is...
I trade the EUR/USD on the daily time frame using forex Rebellion. It's very profitable. I trade 2 seperate positions. One is using a 225 pip target with a 150 pip stop loss in most cases. I move the position to break even ( using a break even EA) after 100 pips of profit.
The second position is...
Do you have a break down of each year with wins and losses.? Did you find using a 20 pip target and 20 pip stop loss had the best results? $6000 profit. What lot size were you using to determine that? Thanks, Paris
That looks pretty good. But to do a thorough test please try to see what the results are on at least a 3 year back test or 4 years. then you'll have something. Thanks, Paris