limit, stoploss and trailing stop, and then go back to bed for a few hours. I hardly walk away - and i'm beginning to suffer from headaches and nervousness from lack of sleep. So for example, forex and news correlation fed rates eurusd federer if the market moves 10 pips, the trailing stop will move 10 pips after that has occurred. You have to be very confident of your trades overnight. You need (per order) a trail distance and I suggest a step (i.e. Could anyone tell me of a reliable reversal signal and how you set it up on a 15 min chart?
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I live on the east coast and the market normally starts to really move around 3:00. Quot;ng awcmon, disliked 1st: Could anyone pls give a simple explanation of how many pips you trail form your stoploss point - and still make a good profit? Ignored, a couple of things. I would at least like to have a 10 - 20 pip profit after the release of major news. First, let me respond to overnight positions. This isn't to say that TSLs are bad, however, each trail can only be individually, in the case where you're getting a 10 minute bar variance of 20 pips, having a 20-pip TSL will almost guarantee that your stop will get taken out. What you probably need to do, is scale, in this t it requires that you buy more than 1 lot (preferrably an even number).if you buy 2 lots and your breakout hits 20-pips in profit, you want to sell 1 lot and then trail your.
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