Hello every1 ;)
In this post I'll talk a little about the stop loss on this trading system.
Actually this TS mustn't have Take Profits or Stop Losses at all, but everyone wants to have a nice sleeping night, is all we gotta do is choose the correct level for the Stop Loss so u don't get ass kicked.
Every pair has it's specific daily range, that must be considered; if a pair goes further it's normal range it's a market revolution coming up! lol... what ain't nice if you are on the oposit side of it.
So, here is the list of the trailing stops that I use when I have a opened trade and I wont be able to watch.
EUR/USD 150 pips
USD/CHF 80 pips
GBP/USD 200 pips
USD/JPY 100 pips
Tuesday, October 30, 2007
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