Tuesday, April 3, 2012

Cost Reduction

Taking my own advice...

Working out a lot better in this kind of environment. The Trigger Chart has gone from Trending and Quiet to Trending and Volatile. This means getting chopped out of moves (via trailing stop..) which would have otherwise returned good R:R without taking out the original stop.

Autumn trading seems to allow for more volatility-based trading when using my strategy although I'd dare say that that's probably the case for most strategies. Now I'm turning to more of a destination-oriented approach.

So leaving the stop alone and gunning for a moving, but decent, target relative to risk is what I'll be doing until the market says otherwise...the space in the middle is of no importance to me.

3 comments:

reganiforex said...

yes most use full for me thanks for ur info
http://www.reganiforex.blogspot.com

compare2save said...

We all want to find ways to save money and your blog will help in the filed of forex.

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