Hi,
As a newbie in forex trading I try to stick to the 1day and 1 week charts for trading, as advised elsewhere on these boards. What I have found so far is that I quite often get the trend right but my s/l get hit by the short term noise.
Any thoughts on how many pips your stops should be for swing trading using the day/week charts?
Thanks for any advice or thoughts you may offer.
As a newbie in forex trading I try to stick to the 1day and 1 week charts for trading, as advised elsewhere on these boards. What I have found so far is that I quite often get the trend right but my s/l get hit by the short term noise.
Any thoughts on how many pips your stops should be for swing trading using the day/week charts?
Thanks for any advice or thoughts you may offer.