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Old 05-08-2008, 02:09 PM
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Piphacker Piphacker is offline
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Join Date: Dec 2007
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Quote:
Originally Posted by cadarkitek View Post
With a Tp-1 of 3 pips, what's your SL? I'm curious. Do you exit all trades if price going against your trade?
lol it's -40 Pip's... Well as i said in my previous post that i go against the trend today that's why i close for just +3 Pip's... Though price go maximum for +11 Pip's in my favour but i didnt exit coz i was waiting for the break of an important level in a lower timeframes and i was almost sure about it thats y i enter but fails and when i saw that price is retracing back then i close my position... Yes most of the time i close my position when i saw that price is going against me but only when , when i go against the trend... like today or when i feel that market is very slow... Now see i enter for short at 1.5405 & so far if i was there than still didnt hit my SL = -40 Pip's as E/U Go maximum against me so far -19 Pip's...I try my best not to hit my SL...
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Last edited by Piphacker; 05-08-2008 at 02:19 PM. Reason: Typo!!!
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