Targets
Posted by Nick 14 CommentsHere you can see the current targets for the NickB method on the pairs listed below. Do you trade the NickB method on a pair other than the one listed below? Use the comments section to let us know your target and stop. This will help other traders wanting to trade the same pair.
These targets may seem on the low side but since mid 2010 we have seen a massive drop in the average daily range of all pairs. For this reason we have had to reduce targets. If a pair is not moving as much we cannot target as much!
GBP/JPY
Reversal Trades
Target – 80 pips
Stop - 70 pips
EUR/JPY
Reversal Trades
Target: +35 pips
Stop: -25 pips
GBP/USD
Reversal Trades
Target: +35 pips
Stop: -25 pips
EUR/USD
Reversal Trades
Target: +30 pips
Stop: -20 pips