DislikedI am not in a trade, but would like to clarify this:
- if a long position was open at 1.7109 (5 pips above HI + 4 spread for me) for the bar @ 13 Oct 04:00, then when the current(last) bar closes, and if it close at approx. the current level(1.7146) should the Stop/Loss be moved 5 pips below the LO (curr. 1.6986) of the last bar?
Thanks.
There was a similar post(#161 (http://www.forexfactory.com/showpost.php?p=2274300&postcount=161) ) but I just want to clarify this state.Ignored
-Sterling
Founder of Day Trading Forex Live