DislikedMorning fx. When playing 2G+ do i wait til -10 to close or do i close when candle closes inside the line?Ignored
firs of all u never close with G+ above the level line.. its always below the level line.. u will lose atleast 5pips no matter what..
you should give ur trade about 10-15 pips around the level line to breath.. however if u see a mass speed coming toward u then a little after the cross u should try to get out for lesser damage (like what i did on this very particular fakeout just now.. -7).. or in between your entery and your 15pips sl if u see slower speed against u then close as soon as u see price close beyond the level line and the following candel in going in the same direction..
I normally give away normally no more than 7-10 pips..
its art more than anything else.. I have tried to put this in words so people can underestand but it not easy to do so.. anyhow its the best that i can expalin it..
I hope it helps..