Many strategy we can use to determine stop loss on our trade. I am prefer using support and resistance with H4 time frame for my stop loss because H4 time frame sometimes determine market trend
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Many strategy we can use to determine stop loss on our trade. I am prefer using support and resistance with H4 time frame for my stop loss because H4 time frame sometimes determine market trend
I too have experienced such, we predicted the price will not penetrate into the lower level of the day yesterday, so we open buy, eh was actually falling transmissivity
well it all depend on you and your trading strategy some might go for a ratio of 2:1 or 1:1 which mean your take profit is the same amount of pip as your stop loss or is above it twice
hm may be different inii case as an example which has a very fast movement
like GBPJPY or USDJPY it would be very appropriate if in the stop set
to 40 - 50 pips so if predictions are wrong we will not be dragged into further defeat
Well for me as i know is that from time is 15 pips is very simple for stop - loss, while take-profit is 25 pips. this numbers are more modrate sl and t/p strategies.
jahan tak mare strategy us hisba hsi mara liya sab sa acha stop loss ka liya jo pips better hai wo hai almost 60 sa 70 pip every trade. our aj tak mara stop loss ko kabahi bhi hit nhi kiya kisi bjhio trade na yah mare sab bare achievement hai but normally main suggest yahi karaongi 50 pip best hai stop loss ka liya.
No more then 20 pips in one deal.That is the golden role for me that minimize possible losses and raise your daily winnings.Bu if you have confidence in your trading skills you can increase this level to 40 or 50 pips no more.Hope you understand that forex is not game .
Certainly that in conducting trading activities I usually choosed about a 20 points as the tolerance to determine stop loss, until now I still remain disciplined with a 50 points that can be used as a referenced rated set last loss that I received with full awareness and full responsibilities !!
based on my experienced. i never used stop loss, because i always trading in eurusd pair, and eurusd is a safe market, so even the graph is down, someday the graph will rise up to your transaction point.
I think they should be fifty fifty of pips I ever held with 50 hits and Platinum at 50 pips, so what we measure in the square, we're able to take advantage of the SS to prevent losses in our stores also.