Hi Guys
I've read through the thread and I like it ! I'm currently watching 17 pairs and have seven orders waiting. I would love to hear about your results, you know things like how many times has your 30pip stop been hit in a row, average pip gains etc.....
I wonder where KelvinM has gone. The only thing I have added to help me with exits ( i'll still use the stoploss moving method) is to add a 10 ema and I'll exit when a bar closes on the other side of it. It doesn't matter if price spike through and retraces, only if it closes on the otherside. I think the stoploss would normally have taken me out of the trade by then, but its just a backup.
I've read through the thread and I like it ! I'm currently watching 17 pairs and have seven orders waiting. I would love to hear about your results, you know things like how many times has your 30pip stop been hit in a row, average pip gains etc.....
I wonder where KelvinM has gone. The only thing I have added to help me with exits ( i'll still use the stoploss moving method) is to add a 10 ema and I'll exit when a bar closes on the other side of it. It doesn't matter if price spike through and retraces, only if it closes on the otherside. I think the stoploss would normally have taken me out of the trade by then, but its just a backup.