Quote from RocknRide:
KTS, I think you are right.
That is why I have been trying to remove the target. I simply implented it to make sure that I have a decent ratio to erase those stops.... but that doesn't work when you have no accuracy.
Also, using no target will allow me to exit using PA instead of only if it hits the target or stop.
wait for pullbacks in a trend. be patient wait for a bar closing above previous bar or below previous bar long or short. I do not use a fast chart it keeps me out of a lot of bad trades and also fewer trades on the day. I have bigger targets with this type of trading also. Look for the legs in the trend or pushes and be careful after two in either direction, could be in for a retrace.