We have a 5/8 cross on GBP/JPY
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DislikedI am in on GBP/JPY and up about 40pips right now and moved S/L to +10 pips..Going to see what this might goto tonite....Ignored
DislikedYeah I moved it to +10pips after my trade went 40pips +.. I am using the day chart now and trying to find a SL that works for me with out risking to much..That trade went up higher moved my SL to +20pips and went to sleep adn when I woke up it hit my SL, But thats ok I am fine as long as I am in the +++...Ignored
QuoteDislikedMoney management is the key. My personal rule is that I won't expose myself to a loss that is more than 2% of my account. MM is the most important thing I have learnt about trading.