That's a question that bothered me for a long time. I was using the body at first after which I've discovered I was losing many opportunities - using the body for trend-lines approach is more error prone simply because of the timezone difference from broker to broker; so creating a chart with one broker's feed may look completely different with a another broker's feed. I've tried using the wick and discovered it is much more accurate as there are not many changes from broker to broker in terms of high/low values. To eliminate the minor discrepancy that still exist, I just use the area next ......

Here's another GBPUSD setup: http://www.myfxbook.com/files/James_Bond/charts/GBPUSD_H4_E6lZvDZKkE.png

[quote]Jeff5796 posted: How we can be sure everytime we can get 1:2 ratio of risk and reward or better? Sometimes when the signal is out, the trend is already half way.[/quote] It's hard to assess it during the trade as trade setups often change stop loss and take profit targets, unless it's a trade with predetermined targets - in such case just check the ratio between the take profit and stop loss.

[quote]Jaypipin posted: 1- have a fool proof strategy that you bought or borrowed or created then test it till the cows come home, then demo it till your blue in the face. Start a myalpari account, you can then create a demo through that portal and the demo runs till infinity, well until left alone for more than a month. Most brokers only offer 1 month, which is understandable. 2- have a spreadsheet with money management practises. maybe sticking to under 1% for a few years is a good idea 3- know what your game is, are you a scalper (let me add there are short term methods which i use whic......

[quote]Jaypipin posted: You put it on your food, can but rather not eaton on its own. The latter runs down a stream and was featured as a name in a comical family from the dinosaur era[/quote] Cheese? Salt? I'm guessing the comical family is the Flintstones? [smiley]