JPY 0.00% 153.0650 japanese yen

Hi rinnacStops should be where they are out of trouble andwhen...

  1. 2,810 Posts.
    Hi rinnac

    Stops should be where they are out of trouble and
    when the trade is no longer valid.

    Best advice is swing highs and lows and then adding
    the you can break one but not two theory.

    It reads like your back test went well but too often
    profits turned into a loss. A standard stop loss
    range across all pairs is very general. You might want
    to look at pairs in smaller groups and see what price
    action tells you.

    Using a current eurusd 2hr you see a bear break out
    but it held the swing low. For longer term
    trades you might want the stop under the blue dotted line.

    Stops are for when the trade is no longer valid.

    I hope that helps.

    regards paul


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