Courses › The STT Strategy: A Proven System for Every Timeframe
Practical Example 0093 EURJPY
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What this lesson covers
This practical example covers another risky entry, on the euro against the yen, reference 0093, and it is included because it shows a side of the strategy that the cleaner examples do not. The process is exactly the same and the rules are followed completely, but the situation is less obliging. One of the options on the chart works out at a ratio of one to one, and the lesson demonstrates the calculation and then discards it, because a one to one is not worth taking within this method. Watching a valid looking option being ruled out on the numbers is instructive, since the discipline to reject a trade that meets the structural criteria but fails the ratio is what protects long term results.