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Dear All,
I am new to Forex trading, Could you please suggest me any indicator/method which can be used for locking the maximum profits. I dont want to get out of the trade very early, at the same time I dont want to loose profits due to pull back.
I use stochastic with MA for entering the trade, whereas for exit I tried to use Stochastic crossover, but it cost some pips. So please advice me alternate options.
I am using the 1 Hr Time frame.
Thanks and Regards
R. Vadivelan