Ok, this is clear now. I thought you always used a 25 or 30 SL as well. It is more discretionary based on the current circumstances. I imagine usin the other side of the CZ gives more breathing room. But I guess you have to look at the risk:reward ratio as well and make a decision. ForexHard do you have a R:R goal or minimum in mind for each trade? Thanks for the clarification!
DislikedPH22, the trader is always in control of his trades, not the other way around. I am very flexible in my approach, and I feel this is one of the keys to my success. But by flexible I don't mean 'all over the place'. I just mean flexible. Which is difficult to quantify since it primarily is based on instinct born of thousands of hours of watching price action. The difference of having a fixed 25-pip SL instead of a SL that uses the opposite side of the box, is a difference of only about 10 pips. I'm believing and trusting that anyone here can learn...Ignored
Believe and Achieve!