Cable Update (GBPUSD)
Alright matey! It is usually better to move the SL into profit rather than hitting the button yourself. If you got on at 15020
and 15010, move it to 90, you have then locked in some profit and you might catch even more as this downward move is confirmed once we break the 67 barrier. Just my 2 cents.
i agree,,, but how many times do you get stopped out just before the PA goes back on your favour ?? How annoying is that !!!!!
Alternatively, if you have for example 3 lots on that go the right way, take 1st profit to cover the position + a little extra, the second to pay your bills and the last one for the Ferrari moving your SL at timely intervals using S/R, making sure the last one isn't too tight to let it go on a big run. Look sf EU over the last few months and if you timed the SL at the right position, you WOULD be laughing all the way to the bank!
agree with your suggestion but dont want to give up soo much of my profit
dont really care if it makes it to my t/p before stopping out. if I get stopped I'm in a great position for 2moro! 20% up on my account and if my t/p gets hit it will be close to 25%
are u all short in here?
look who is talking no man i am going east
east is good..market goes there most of the time
