Seychelles. Example: Buy.1 lots.9830. 6 - In this example, I've used a 30/60/30 configuration (TP 30 pips, SL 60 pips and Hedging Distance of 30 pips). Usually the spread is only around 2 pips. You can also try 15/30/15, 60/120/60. Just let the price move to anywhere it likes; you'll still make profits anyway. At the time the Sell Stop was reached and became an active order to Sell.3 lots (picture above you have to immediately place a Buy Stop order for.6 lots.9830 (picture below).
4 - If the price goes up and hits the SL or TP.9860, then you also have a profit of 30 pips 5 - If the price goes down again without reaching any TP, then continue anticipating with a Sell Stop order for. A few seconds after placing your Buy order, place a Sell Stop order for.3 lots.9800. I think this may be a "Never. Before I begin, however, I should give credit where credit is due, my friend Ludovic over at (the original, French version of t) turned me on to this amazing trading technique. Make sure to use proper position sizing and money management with this one and you will encounter nothing but success! 1 - To keep things simple, let's assume there is no spread. Lots:.1,.3,.6,.2,.4,.8,.6,.2 and.4. Poll Results, is this method profitable for you? 7 Votes 13, yes, you could say it is profitable.