Quoting JillyBDislikedWell a second day where the Cable exceeded the 20 pip straddle by 1 pip and went on to give us a failed trade.
Does anyone have any data on if it has done this many times before? If so do we need to look at increasing the straddle - perhaps 23 pips may be safer?Ignored
Also, if you wait 25, would you then only shoot for 10 (or 9) instead of 14 for the 1? Just curious what thoughts are on this.