Using Multiple Profit Targets (Forex News Trading)

[fxKnight]

@BarbaraKozak09 I'd be careful... they say that about most EVERY robot, and after years of testing them I have yet to find ONE that doesn't lose money, if allowed to run long enough. Best advice we can give is to learn how to trade on your own 0- even IF you end up using a robot or signal service down the line, as least you can evaluate their calls objectively, instead of just following blindly.

[kitaiboy]

is that method fit only for sideway trend?

[ginola73]

how do i plot the 200 average?good video..

[fxKnight]

Varies by trading platform... select moving average from your list of available indicators, put in 200 periods, simple, and apply it to the close.

[fxKnight]

Just so you know, money management has FAR more to do with your ultimate success or failure than the win/loss ratio of any system. That being said, our results have been 77% wins over nearly a 4-year period so far, and tight stops have easily taken care of the rest. Cheers.

[shaunshaun88]

just wondering what is the winloss ratio of your news trading system