NO! How can it be 400 ticks from 2283 to 2411 which is just 128 ticks! The 400 ticks is the half year accumulated profit target that we wish to get in year 2015. The indicator Y had accumulated 272 ticks in profit at of today since the beginning of year 2015. It may or may not reach by end of this month, June.
The above explanation is a simple reply to a reader trader and we wish to share in this write-up.
The indicator Y long 2283 on FCPO short term technical trend trading at 1130am this morning had an uphill battle to hit the 400 ticks target still! Be frank, we will never know whether its target can be reached or not in this single trade.
If the target 2411 is hit, we will definitely take a longer rest! We will temporarily stop providing updates on the indicator Y's stop and reverse trade signals and we wish readers traders can understand. We wish to apologize for any inconvenience.
Readers traders who have our books, try harder and see how is your results for the second half of this year from July until December. Target 800 ticks in total for the year, so, you have 400 ticks to go in the second half of this year. Do tell us how is your achievement by end of the year 2015!
Be a disciplined trader.