You forgot to add Reward/Risk ratio of 2/1 in your calculation.Originally Posted by ;
That's why you are getting distinct return.
You forgot to add Reward/Risk ratio of 2/1 in your calculation.Originally Posted by ;
That's why you are getting distinct return.
Oh yes, 7(2x%) - 3(x%)= 11x % each 10 trades, if the risk is 3 percent so 11x%=33 percent each two months, 16,5% each week.Originally Posted by ;
Greetings
Martinez
I made some important things outside.
You input on a violation of the trendline, Stop loss is put 5-10 pips (based on the pair you're trading), above the three aspect of the pattern. Remember that GBP/JPY is the killer of pairs and you should NOT consider tight stop losses on this pair.