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- Pilks replied Dec 19, 2008
Personally I don't use trailing stops, but if I did I would only activate it once my trade had moved into profit. Initially (in the case of a short trade) it might be best to put your stop either a couple of pips above the high of the previous ...
- Pilks replied Dec 19, 2008
Blee There will undoubtedly be better explanations out there of higher highs, higher lows, lower highs and lower lows, but here's how I use them. If a ccy pair is making higher highs and higher lows it means that when the bulls are in control ...
- Pilks replied Dec 19, 2008
Hi Blee, This is just my take on it. Others might see things differently. I wouldn't have taken the first trade you mention (long) due to the preceeding higher highs and lower lows (price was generally moving in a downward channel). So even though ...
- Posts by Member Search: 'Pilks'