Good day to you Everyone,
At first I should point out that I play using fxTrade Oanda platform.
I am relatively new to the whole Forex business, but am long enough involved to know what it is all about. In the past I never had a problem with stop loss (SL) and trailing stop (TS) limits, until recent days.
What I noticed the SL level is based on the average price level, whereas TS is based on the current min/max level. This way SL omits temporary price spikes, whereas TS catches all the noise, often resulting in immediate position closing.
Any clue if this is really the case or am I missing something?
Best regards and happy trading everyone,
K
At first I should point out that I play using fxTrade Oanda platform.
I am relatively new to the whole Forex business, but am long enough involved to know what it is all about. In the past I never had a problem with stop loss (SL) and trailing stop (TS) limits, until recent days.
What I noticed the SL level is based on the average price level, whereas TS is based on the current min/max level. This way SL omits temporary price spikes, whereas TS catches all the noise, often resulting in immediate position closing.
Any clue if this is really the case or am I missing something?
Best regards and happy trading everyone,
K