Black Bird
Corporal
- Messages
- 95
I am profitable the past few months.
Did you develop your own system?
Yes, I have been following Nial's Price Action method (learntotradethemarket.com) and have been having an average success rate of 63% but the biggest problem is that the tp is not hit for most of the time and that throws out of balance the risk:reward ratio. As you may know Nial recommends a ratio of at least 1:2.
However, I had a nice win this morning on NZD / USD where the tp was hit and another big win on Friday on EU / JPY, again the tp was reached. I think I'm getting better but it is still too early to tell for sure.
Any particular system/method/strategy you use??