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Take Profit Conditions

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Dua Yong Rew
5423
Dua Yong Rew 2014.05.10 09:30 

I have tried these 2 take profit conditions

1. When price reach certain pips, close the trade

2. When price reach certain pips, wait for moving average to cross in lower time frame then close trade

The 1st scenario gives me better results. Why does the 2nd scenario not perform better?

enbo lu
Moderator
1947
enbo lu 2014.05.12 03:53  
doshur:

I have tried these 2 take profit conditions

1. When price reach certain pips, close the trade

2. When price reach certain pips, wait for moving average to cross in lower time frame then close trade

The 1st scenario gives me better results. Why does the 2nd scenario not perform better?

I think it is because there has been a delay when moving average crosses.
Dua Yong Rew
5423
Dua Yong Rew 2014.05.12 04:06  
luenbo:
I think it is because there has been a delay when moving average crosses.
But if the price is moving in your favour shouldn't it be more profitable? 

I tried but not the case
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