DislikedWould you please expand on the topic of SL sizes. You have mentioned it earlier in the thread that you set your SL as a percentage of ATR and that you believe it's the best way of doing it. Do you mind giving more details about it?
The short answer on stops is 15 to 25 % of average of five day ATR. You will be able to figure as you look at different pairs which ones need to be on the lower end and which ones on the upper end. Cable for example needs a wider stop then UJ. EURGBP is probably the smallest but it trades nicely most of the time....Ignored
DislikedAn interesting thing I learned from Cloggie years ago is that the US market typically likes to print the high or low of the day for EU and GU. If you scroll back you will see that he was correct...Ignored