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Old 27-10-2004, 16:30   #14
MickMason
Fibonacci KISS trader!
 
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Re: Exiting a trade with EMA's

Quote:
Originally posted by MorningTrader


My goal is 10 pips per trade. If I get 6 pips, or 4 pips or even 3...and the market is moving slow after I entered I will get out.

Rock on!

Yeah ok, an ema cross strategy with 13 pip stops and 10/6/4/3/anything targets, that's one hellava way to get wiped out, especially when you hit a ranging market. 75% accuracy, I doubt it, but even with a 75% accuracy rate the strategy is still a loser.

Rock on? lol, whatever dude!

It's nice to see the 90% is still alive and kicking and encouraging others to join that elite club.....

Mick
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