So a monthly close over the simple 10 month moving average has become my arbitrary line in the sand to say. A benefit of using this entry is that after the breakout if price decides to move in the direction of the breakout without retracement you would not 2. Otherwise i dont.
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These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Investors have significant control over their tax liability. If our target range is like maybe 80 pips, on a 40 pip stop loss, we are risking 40 pips to make 80 pips.
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