Disliked{quote} thats 37 pips - i don't usually risk that much. I like entering at my exhaustion/resistance levels with a tight stop. If I get stopped out I wait to see if the 4 hr candle closes above those levels. If it does, I stay out with a small cut, if it doesn't, I'll re-enter and use the candle wick as my stop. additionally, i religiously move my stops to break even + original stop (minimum 1:1) after price goes 30 pips in my favor. Yes with a wild pair like this one, I frequently get stopped with 8-12 pips gains, but it allows me to book some profits...Ignored
FF journal: Peaks and Troffs