I mainly trade the EUR GBP and use Pivots. Today was difficult as I was short and then price borke through the Pivot and hit my stop. I waited and it went back down below the Pivot so I entered Short again. I was hoping to get a run down to R1 but got out before then - ie just before writing this. So what do EUR GBP traders think about stop placement and which TF chart do you use?
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