Hi Jacko, I have been reading your thread and I find it very interesting. The one thing I am unsure about is your S/L of 40/50 pips. Can you please tell me the significance of this set amount of pips? It seems to me that this could mean you could have your S/L in the middle of a couple of support areas.
I bring this up as my trading practice has always been to place my stop just beyond the support level in order to avoid any spikes. I
look forward to your reply. Thanks.
I bring this up as my trading practice has always been to place my stop just beyond the support level in order to avoid any spikes. I
look forward to your reply. Thanks.