We know through our substantial back testing using the Trading View Strategy Tester, that holding onto trades until a reverse signal is presented is the most profitable way to use our strategy - EURJPY is a great example here.
The trade is running +280 pips from the initial buy with a fantastic RR of 1:9 currently.
Even if this now reverses, we will close in profit either way - or it continue up of course. Ultimately, no one knows - so we follow the strategy.
This is one of the biggest challenges traders face, holding onto winners - through fear of the profit disappearing.
If you have been selling this pair, please stop trying to catch the tops and bottoms.
Regards
Darren
The trade is running +280 pips from the initial buy with a fantastic RR of 1:9 currently.
Even if this now reverses, we will close in profit either way - or it continue up of course. Ultimately, no one knows - so we follow the strategy.
This is one of the biggest challenges traders face, holding onto winners - through fear of the profit disappearing.
If you have been selling this pair, please stop trying to catch the tops and bottoms.
Regards
Darren
Note
Buy closed in substantial profit, our sell is now running.
More Info here:
link.team-pow.com/1gN7L3
link.team-pow.com/1gN7L3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
More Info here:
link.team-pow.com/1gN7L3
link.team-pow.com/1gN7L3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.