Update: First Target reached. Closed first half and moved stop loss to entry
Looking for a dip as the price failed to maintain trading above 1225.00 main horizontal resistance, while showing a swing failure divergence.
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1.Trades are taken in two units
2.First unit would be closed at first target
3.Stop loss is then moved to break-even
4.Second unit would be closed at second target
5) If 90 percent of first target is reached without triggering entry I cancel the trade
6) If 90 percent of first target is reached I move stop loss to breakeven.
7) Remember: Losing is a main part of the game
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Skype: Technician - The forex channel
True what you said. I would love that everyone will know how to point out scammers after seeing this. This business is full of them.
When you hear words like, i am suggesting the different scenarios and you choose how to trade it, you know that its probably bullshit scam. Thats why i publish a big percentage of my ideas with precise targets and stop loss, there is nothing to be afraid of.