Hi everyone !
I'm trading 60-5 and without concerning the stoch.
It was doing great last 2 weeks, however, I lost a trade of Gbp yesterday and today a EU, which kills me 10% in total.
My SL is the last swing high / swing low, I have a 1:1 RR. But I found that if I use 50pips fixed SL, I'll have no loss trade for this week the ranging market. But it will become risking 5% to gain 1-2%
Can anyone please share your view?
Thanks ! Green pips !
I'm trading 60-5 and without concerning the stoch.
It was doing great last 2 weeks, however, I lost a trade of Gbp yesterday and today a EU, which kills me 10% in total.
My SL is the last swing high / swing low, I have a 1:1 RR. But I found that if I use 50pips fixed SL, I'll have no loss trade for this week the ranging market. But it will become risking 5% to gain 1-2%
Can anyone please share your view?
Thanks ! Green pips !