You are not going to be able to do such via TA alone. You're going to need to learn & understand the market context for each trading day and then pick the trading days to trade for that goal. Thus, you should be looking at (understanding) the market context that tends to move the price 50 - 100 points in a trading day. wrbtrader
take a trade that makes sense and then swing, here the 30min GC chart use swing stops (initial risk of your trade) to derive your targets (multiples of that) ________________ Cheers, Thomas --------------------------------------------------------------- Check out my daily reads on the E-mini https://plus.google.com/u/0/collection/EK_yfB
for the make sense trades: put HOY LOY and COY from the RTH session on your chart and look for SA, BB (failed BOs) and breakout pullback, also put the shallowest TLs from the prior day on your chart also check out this blog Nine Transitions: Search results for trend day Yesterday was a nice trend day on the ES after we had SA (sellers above HOY)
profit target is bullshit and so is the attempts to associates the ratio with it holding time is incidental to the time periods played, besides the essence of the trading method that all i can say