DislikedToday for the first time since I'm trading them, my Tokyo and London setups were stopped at SL (still using old FXM_Diff3). Best regards, Bubincka {image} {image}Ignored
2 pairs which involves GBP ...all 4 pairs combined can "range" 500 pips during the day ... while a pair like EURGBP usually stays in
order of 50 pips move during a trading day ... ADR = Average Daily Range ..... . Unless your are using a VB ( Virtual Basket ) , this loss can happen any time again and again ... a VB is not a warranty either.
Look first at the pairs suggested by the indicator ( study their behavior ) then set your SL accordingly in the EA which is managing the trades . Or just drop an insane SL1500 TP 1500 in your EA ...( Like I do) then , you modify later after looking at
each pair chart H4 or D1 ( depending your trading style ) .... ( this is what i WILL do when going Live ) . In your 1st basket with "those" 6 pairs in a flash very tight stop would have been 300 pips ...same for TP ... a pip lock trigger @ 150 with 80% ..and trailing 10 pips ...and I am done for this basket .... . Your London Basket : SL200 / TP200 ...with a pip lock trigger @100 with 80%...and trailing 10 pips .... your still have time to play NY Open ...and get your equity back ... take care ....
Remember : CcFP ...is a tool ...not a money machine (yet) .... we are all digging here.