use of trailing stop ?

hello

What is the main use of trailing stop ?

suppose my stop loss is 35 pips take profit is 50 pips and i set a 35 trailing stop.

my take profit level will now be 85 pips ?

many thanks

It's a trailing STOP not trailing TAKE PROFIT.
You just answered you question yourself....

Trailing Stop Definition

Trailing-Stop Techniques

Trailing Stops Tested: Do Trailing Stops Really Work?

Thanks for the links Opie. TSLs are something I've been thinking about. Will have a good read tomorrow... er... today... but my initial thoughts is that they can be useful if they're not too tight. I'm a swing trader so 100 pip TSLs work best on the currencies I play with.