We are now finally out of our Australian Dollar Short that began at the start of this month. It hit our target point. The initial Stop Loss for this trade was only 50 pips. We have techniques to minimise initial risk and then allow the trade to run risk free. All you had to do was check the Dot Alert, then check the rules Flow Chart (only 4 questions) and thats it. 🙂 But follow the rules you must. Simple easy to understand and implement rules. Only 4 questions. And now most of our flow chart questions have been coded into our Entry Alert so further easier process.
Keep the winners bigger than your losers. This one was ten times bigger than the possible loser if it did not go down. 🙂