For newcomers, a tight SL is at the base above my sell order.
Example yesterday after market price have hit my sell order 4460-65 and pulled down 20 pips it came back up and played little higher then within it for much time, so there you exit like BE or little profit or loss.
While if you wanna give it time to breath 20-30 pips is fair and the max. SL although sometimes I personally can add another sell up or even a third one as I've done this week...
But that is bcoz I'm experienced and can judge on the spot..reading the market live by hand and playing with market makers...
But since I'm not a live updater here...and I post at the very first trading hour before anything happens...so who wanna use my trading ideas can simply stick to the most profitable way on the long run which is the base above(for sell) OR a simple fixed 20-30 pips.
I know market trading ain't easy and not possible to explain my perspective like literally
but as much as you stick to this thread and read my past posts, you'll catch my perspective easier by time..
Example yesterday after market price have hit my sell order 4460-65 and pulled down 20 pips it came back up and played little higher then within it for much time, so there you exit like BE or little profit or loss.
While if you wanna give it time to breath 20-30 pips is fair and the max. SL although sometimes I personally can add another sell up or even a third one as I've done this week...
But that is bcoz I'm experienced and can judge on the spot..reading the market live by hand and playing with market makers...
But since I'm not a live updater here...and I post at the very first trading hour before anything happens...so who wanna use my trading ideas can simply stick to the most profitable way on the long run which is the base above(for sell) OR a simple fixed 20-30 pips.
I know market trading ain't easy and not possible to explain my perspective like literally
but as much as you stick to this thread and read my past posts, you'll catch my perspective easier by time..
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
you mean 4498 is enough?
