DislikedHow can you have a 50 pip or swing high or low stop but at the same time exit early with only a few pips loss (this can't be achieved)?
I trade this way almost every day....it can be done. I may exit at any time for a smaller profit or a loss. I enter EU H1 trades with a 50 pip TP and a 50 pip EMERGENCY stop loss. Rarely do I allow the SL to be hit. Unless there is a spike while I am away from my charts or my computer crashes, I will exit when my analysis shows price has run it's course.
[size=1]Do you mind explaining...Ignored
Thank you for all the responses to my questions. I just have a couple further questions if you don't mind answering.
What is the EA that you are using to trail the trade? Could you please post.
How do you know if you are in the ranging market and a switch to trade in the 15 minute time frame is necessary?
Thanks for all the answers to your trading style.