Disliked{quote} Stops I initially set at 25 pips and move to break even as soon as possible where I leave it until I close the position. Targets are based on the scope of the opportunity and tied into the average daily range. By scope of opportunity I mean each trade has a catalyst and the important of that catalyst in terms of central bank influencing data or political uncertainty. The bigger the opportunity the more likely I ride out the trade either to the end of the session or into the next session. I also monitor price action and do close trades if...Ignored
Well it is like I said a very subjective attitude, mechanical way suits me more, good for you it works, I like the 20 minutes filter though.
25 pips on which pairs ? how much risk in % ?
LDFX Trading Ltd