The instrument you are trading on average moves X number of pips within the selected time period. This should be the basis for your calculation of position size and stop loss. for example on average how far must a pair move against me before the loss passes the pain threshold, obviously capitalisation and timeframe are linked.
This concept is different to actual multiple time frame selection for trading and analysis.
Regards RM
- Forums
- Forex
- 4/5 may trading lounge fx
The instrument you are trading on average moves X number of pips...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EUR (FOREX) to my watchlist
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online