Thread: 30 tf
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Old 05-15-2008, 08:45 AM
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Quote:
Originally Posted by heartnet View Post
Profit target should be minimum of stop distance *2 I M H O
what is this means?sorry I dont understand and so do this:
exit on stochastics and when trend is over.
how to know trend is over.
TQ
oilfxpro
Read this as I believe expectancy of your system can be improved

Expectancy

In money management expectancy = zero
take profit = stop loss
If stop=50 ,and take profit =50 ,expectancy is zero

exits
Wait for stochastics to turn and price remains within 100 pip range (consolidation) for more than 4 hours

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