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Discuss 10PipsWhileISleep.com (Karl Dittman)

General discussions of a financial company
10 pips on eur/usd today. But it was close. After making the 10 pips price retraced.
You have to be careful with this system and not try to make huge profits.
Once the trade is triggered it will have enough fuel to make you the 10 pips.
Of course this is not going to work every time.
Some days you will see the move going 20 - 30 or 100 pips in the direction of your trade but you have to be disciplined and close it once the 10 pips are made.
I would not suggest using a 10 pip trailing stop. Because it is very small and price after reaching the 10 pip profit might retrace and close your trade for 0 profit.