dont use less than 80 pips stop lose,…check the accounts in myfxbook,…you can have a good idea,…what is the best stop lose to use,…i personal dont use less than 100 pips in my real accounts,…and at 24 gmt, enter the market,…no questions asked,…you dont need to know the rate if you jump in the market at 24 gmt.
i dont have that results,…with dynamic stop lose ,…none with stop lose,…with 100 sl 50 tp,…only eurnzd,…hit stop lose
this not a scalping strategie,…dont try to use less than 80 pips stop lose,…DONT WORK,…
I’m a newbie here and this week 3 signals hit sl and the rest still in play. Cannot buy Nzdsgd due to my broker does not have it. My sl =100 and tp=50
Thanks artic118 for your sharing.
A week without luck … we were on the right side of the clock, … but retracements were large which led catch the stop loses, because at the end of the day … had all finished by reaching the take profit, … most every nzd, eventually reaching the stop lose by 3, 5 pips …, … bad luck. this is forex.
the account that most lose, was,… 65 sl 50 tp,…lost 520 pips …, … which once again proves that stop lose less than 80, 100 pips does not work.
the account with the ATR … had also a big lose, again the stop lose was less than 80 … 100 pips … lost 449 pips.
accounts that have lost less, were those which had stop lose 100 pips.
Sl 100 tp 50, lost 135 pips …
100 sl tp 100, lost 49 pips …
further evidence that 5 pips can make a big difference … someone who had used a stop-lose 110 pips this week … had finished the week at 300 pips profit .
Hey, that seems interesting as if I can get forex signals for free then I can run my trade on daily basis. How do you judge about foex signals and how to apply it in day trading.