E xample: if the Projected High is at the same level as a Resistance level in the Pivot Point calculation, and it’s also at a possible Swing High then you can be more confident of entering (or exiting) the market.

The calculator is used to project your Entry Point, Stop Loss, Profit Target, Your Gain/Profit, number of points to your Entry Point and the number of Units/Lots to plac

2) Stop Loss: Where to place your Stop Loss if entry price is reache

2) In the Projection Levels area, enter the LOW point 1 in box A and the ?HIGH point 2 in box B , then the ?present?

This information can be used either for CHANNEL/RANGE traders, or for TREND following traders who use 10 day highs and lows for entry and exit signal

As you obviously recognize the value of using a scientific and carefully calculated approach to reduce risk and maximize profits (otherwise you wouldn’t have read this far) then this is exactly what you?ve been looking fo

Visit merchant

Related Blogs


Here are some other forex trading software resources you may find of value and interest:

Austin-Based Firm Releases Currency Arbitrage Software Solution
Forex Robot Hosting Review
User:rizal - Wiki for the Department of Housing and Urban ...
BBC News - Apple unveils refreshed iPhone 4S but no iPhone 5


128

Rating: 8 out of 10 (from 13 votes)