pschloegl

bearish deep gartley

FX:EURUSD   Euro / U.S. Dollar
70 8 1
long term trend is bearish too
r:r ok
snapshot

with my two targets (38,2%AD, 61,8%AD) strategy r/r=1,89
What is your exit stretegy?
Reply
my exit strategy is like yours but I need to have at the 38,2% AD an r:r of atleast 1. For this measurement I dont care about target 2 which is 61,8% AD
My records are on average 58% winners, with 1/3 hit targets 2.
This month was awesome I gained 500 pips and with money management I'm right now at a 15% equity win.
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Mjablo pschloegl
how many trades did you take?
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this month so far 18. On average I trade 4-5 a week. What about u?
Reply
Mjablo pschloegl
When I go back to home I will send my Gartley statistics.
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Mjablo pschloegl
By the way congratulation. Nice results and good consistency.
Reply
thanks nice Gartley - order pending
with r:r you should be more precise :)
what is ok for one may be not for another
Reply
thanks a lot,
I only trade when r:r > 1, ok is between 1 -1,5, > 1,5 -2 is good, > 2 is great
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