The D1 chart

Hi Everybody :):slight_smile:

I have been trading forex for a while now on the H4 time chart , but recently I decided to get a job plus make the trading, so i will be moving to the D1 instead of H4 , I used a stop loss of 35-40 pips on the h4 chart , but I wanted to increase the stop loss when i start using D1, :):slight_smile: So all D1 swing traders tell me how much stop loss do you use when you trade???

Thanks for your cooperation all in advance.

That really depends on what pair(s) you are trading. A pip in GBP/NOK is not the same as a pip in EUR/USD. I don’t have a fixed SL rule, but on average and for GBP/USD (for example) my stop loss is usually between 180-280 pips. I look at recent volatility and swing highs/lows, then place the stop.