How to make decisions with statistical relevance when it comes to making entries and placing stop losses and profit target

Follow Raghee on Twitter

• re: How about some "WAVE" related Profit Taking&Risk Management insights on one of your $ForexEdu shows? @Trade4Bread - you got it! Will do!
• Forex AM on at 9:55 at www.StockTwits.tv. I discuss the daily ceiling on the Dow, the floor on the Dollar, 60-second stops, $USDCAD $$
• $USDCHF http://chart.ly/rmhfw78 Near-term ceiling along 1.0183-1.0185 on 30-min chart, would be a gr8 fade but ofcourse NFP... $$
• $USDCHF http://chart.ly/gp5ok3n $USDCHF swing short at 1.0168. 240-min is usually large enough to handle NFP volatility $$
• RT @smbcapital: hysterical short movie about the importance of leaving your biases at the door: http://bit.ly/9ZrQxl $$ HT@tickerville
• Re: "I hope you were short the $USDCAD again on the daily." @melmaro You betcha buddie. Happy Birthday to ME! ;)
• RT @ppearlman: New Post from @StockTwitsU | Dow Theory Primer II: Raghee Horner Applies Dow Theory | http://stk.ly/aWCXJp | $STUDY
• RT @stocktwitsu: New Post | Dow Theory Primer | http://stk.ly/abxBD9 | $STUDY
• RT @shitmydadsays "...I don't wanna sit around watching you 'give it your best'. Either stop sucking or get the **** out of the way."
• @50Pips If it makes you feel better 50 it rained here too but not before I enjoyed my coconut encrusted snapper w/mango chutney&key lime pie