zynizen Posted June 17, 2009 Report Share Posted June 17, 2009 http://www.forexeasystems.com has a great manual trading tool and indicator Pro FX. If anyone is using this, I'd like to know where and how should you place stops and TP's? The indicators are great at pointing out trades, but I seem to be missing where stops and tp's go.. TP's are obviously when the trade changes sides, or the next arrow comes up, but, I would appreciate some feedback, support on this. Thanks Quote Link to comment Share on other sites More sharing options...
Fortuna1713006009 Posted June 17, 2009 Report Share Posted June 17, 2009 Re: Pro FX TP is about 90 to 100 pips always during LONDON and NY session. Stop loss 30 - 70 pips, max 100 not more. On Profx Developer website you can analyze all orders month after month since 2007. ProFX01 indicator is based on Bollinger Bands. Quote Link to comment Share on other sites More sharing options...
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