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EXPN, Experian plc - Trailing StopLSE:EXPN What are the objections people usually make? We share some of them... A - The technical analysis doesn't provide any kind of reference. B - Patterns give us the reference at which moment to enter. A - When you enter the breakouts, you have the same odds as when you flip the coin with heads and tails. B - It's true, but when we lose we lose by -1, while when we profit we get a minimum gain of +3 to even +10. A - Technical analysis is a method in which traders are known to lose money. B - Ah yes, then go and study historical traders like Peter Brandt, Jesse Livermore, Jack D. Schwager, and so many others. A - How do you know where to place your Stop Loss? B - We have been studying the history of charts for years, finding the best solutions by comparing them with each other and understanding which is the best possible Hedging, selecting the three best and practicing them in reality for a long time, getting the performance exactly in the parameters of our Backtest. Is that enough to answer some of your doubts? Good trading at all!
LSE:EXPNLong
by SwissTradingSchool
08.01.2020 GBPJPY London Daybreak Idea **educational**08.01.2020 GBPJPY London Daybreak Idea Only for educational purposes, because the 8 AM (1H) candle is over 40 pips. We don't go in the trade when the candle is bigger than 35 pips. GBPJPY Buy Stop @ 142.944 SL: 142.430 TP1: 143.244 (30 pips) TP2: 143.344 GBPJPY Sell Stop @ 142.380 SL: 142.850 TP1: 142.080 (30 pips) TP2: 141.805 Risk management (3%) Buy SL= -51 pips => 0.01 lot per 200 $/€ Sell SL= -47 pips => 0.01 lot per 200 $/€
by josappe