Originally Posted by vasude_341

I saw that trade, but it broke rule No.1 If the signal bar is more than 1.5 times the recommended stoploss, then don't take the trade.

Signal bar was 180 pips. 1.5 * 100 = 150.

whether this is a correct or not, on friday in daily signal on nzd/usd
signal bar was 180 pips .s.l 100,t.p=50 and how to calculate can u please tell me alan.

Originally Posted by vasude_341

please explain this step correctly

Make sure the candle which gave the signal is not a huge bullish/ bearish candle.
As a guide, if the candle is more than 1.5 times the size of the current stop value
avoid the trade. These large candles will often retrace a long way before going in
the predicted direction and there
is a high chance that your stop
loss may be hit before the trade
goes into profit. This step is
essential, if you see these huge
bars on the entry signal don’t
take the trade.

Originally Posted by robsam

Well, I have started my bid a bit low after a long time (1 week) it has gone above average and I planned to sell it. But suddenly it is again showing low growth on closing point. I usually trade with USD-GBP. Can anyone update me about the current scenario ? Further, If anyone can post predictions, it will be good for me. Thanks in advance !!