USDCAD Sell Setup Linear Regression Trading enter 1.0816 limit 1.05 Stop 1.1 ...adjust limit and stop when needed Target 315 pips or close trade when you are in profit that you like. I advanced my knowledge using Linear Regression Tool, you can use this indicator on all forex currency trading.
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Comments
Coordinator
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Then, what is your risk/reward ratio?
exploration
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History of my charts where you can see... that most have a large target value compared to drawdown to reach a large profit....I really don't like 20 pip profits but l will do them if that's all there is when consolidation appears . I like high yield profit 200 to 300 or more pip trade and am willing to risk a moderate drawdown to reach target. I don't like it if drawdown is over 300 pips, I usually get out and move on to higher ground.