tag:blogger.com,1999:blog-5203940547519886043.post5344794780167864171..comments2018-07-05T01:57:35.488-07:00Comments on Day Trading: 06/19 Bearish Engulfing bonanzaGustavo's Tradeshttp://www.blogger.com/profile/10318651374855413975noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5203940547519886043.post-17728467879094664232009-10-15T04:35:26.751-07:002009-10-15T04:35:26.751-07:00Hi there, basically it means, if you set your stop...Hi there, basically it means, if you set your stop at the candle's high/low the 1:1 target is the point where you make the same ammount of profits as you risked with the stop.<br /><br />Say you have a 10 pip bullish engulfing candle, you enter at the close and place your stop at the candle's low. The 1:1 ratio would be met when you make 10 pips profit.<br /><br />GustavoGustavo's Tradeshttps://www.blogger.com/profile/10318651374855413975noreply@blogger.comtag:blogger.com,1999:blog-5203940547519886043.post-80165107826673852692009-10-14T00:58:57.609-07:002009-10-14T00:58:57.609-07:00hey Gustavo,
what do you mean by 1:1 target?hey Gustavo,<br /><br />what do you mean by 1:1 target?Tiwarihttps://www.blogger.com/profile/00708243752404850781noreply@blogger.com