Monday, 27 April 2009

FOREX – GBPUSD 60min (Part 2)


Now compare the example below to this one on the same GBPUSD 60min Chart for the automatic DP buy just a few days earlier, where we had an initial R/R of 2:5, i.e. just above our 2:1 minimum. Yes, we all know that this does not “guarantee” that the profits will always be larger, because nobody knows the future. But at least it gives you a good starting point.

Thanks

Steve