SL to Break /Even , it means move your SL to the entry, if price reverses you wont lose money.
Another way is use of Trailing Stop, your platform has it.
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DislikedSL to Break /Even , it means move your SL to the entry, if price reverses you wont lose money.
Another way is use of Trailing Stop, your platform has it.Ignored
DislikedWhat about this volatility? No point looking at average daily, weekly, monthly ranges at the moment - they're off the charts. Hopefully everyone is pipping well. Can't complain that the market is boring. Make the most of it! Not sure if summer is going to be boring and rangebound - it usually is.Ignored
DislikedGuys, try to get boarding for long E/U and A/U, use wide stop as they will be good for daily chart tradesIgnored
DislikedFrom daily candle boarding nzd may also be good or wat do u think shahab or dont bother if u dont trade this pair .Ignored
DislikedI know you asked Shahab but I can give you my two cents on NZ/USD.
I have daily and weekly signals to go long on it.
However, like Shahab said you need wide stop loss limits going forward with most of these longs.Ignored