Disliked{quote} Hi ZD, is this a hypothetical question or do you perhaps have a chart as an example? Just wondering have you had a trade where this happened?Ignored
I think I've just been unlucky and ran into a few Upthrusts/SOs recently. I've started putting an extra few pips on my stops but on occasion it's rocketed like 20 pips past my stop. Wasn't news either.
For SL how far past the swing point should I place my stop? I add 1 - 2 pips for spread, then another 3 - 4 for safety - is that acceptable? Talking M5 M15 here.
And for entries should I be looking at a close above my SoS/SoW? Or price moving moving above/below the tip of the candle?
My demo trading has been going well though, thanks to the advice and direction of peoples on this forum. Cheers!
"Never Take a Trade You Don't Understand!" - Pres78