Alright my short is reacting currently up 23 pips....keep in mind my spread is 8...
No brainer fundamental trades 55 replies
This time... I'm Keeping MY MONEY (BRV - No Brainer Trades) 3 replies
The Koala System (No brainer) 127 replies
EUR/GBP SHORT for No Brainer 67 replies
Selling USD and YEN is a no brainer. 12 replies
DislikedIgnored
DislikedHi Sherm
Can you give me an idea of what sort of stop loss you use. Is it calculated on market conditions or do you have a set figure?Ignored
DislikedAnd so are there any indications you look for that you can divulge? I find placing my stops one of the biggest pains when I'm looking at a position. When I give the market plenty of room, the market takes it all and some more. And when I decide to keep them tight I get caught on a stop hunting expedition - probably by you!! LOL.Ignored
Dislikedlol well some of the things that come in my head before taking a trade is what is the rythem in the chart. By this I mean if price is moving to fast or such many times limit orders can get removed from main levels. Also ask yourself if the level your taking is a trendtrade or counter trend trade to the chart your trading since sometimes you can be timing a larger time frame or your simply trading that timeframe of its own. BY having this answer you know everytime frame has a different sentiment so you have to know either to hold longer or be tighter....Ignored