Most of us here don’t use trailing stops. (as far as I know) I at least use stop loss instead.
ICT suggests to use 30 pip stop loss, but of course it depends on many circumstances, sometimes I use a tighter one.
When price moves in our favour we tend to put our stop loss to break even once we have taken our first profit after 30pips or so. In this manner it’s a win win situation.
This probably didn’t really answer you question, but I thought i’d give it a go anyway :59:
Hi Rod178,
Can you please tell us who the broker is? Not sure if it is just me but it is difficult to read the detail in the charts you attached.
I have a limit buy placed at at 34 big fig. Agree with your analysis.
Oops - I was referring to JS88’s post - I’m also bearing in mind that a retrace to the 34 fig breaks MS which is a worry but I’m going with the thought that a retest of 34 and a bounbce will prevail.
Thanks for the answer, it’s interesting to see the order management side of your trading plan, seams similar to what I have so far for day trading. i.e. always have the initial 30pip stop and moved to BE once I’m 20-30pips up.
It’s more about what happens there after. e.g.
Open trade at 8am, move to BE at 11am, do you just leave it the rest of the day and hope it hits your other targets? And if it takes you out @ BE then so be it.
Over the last few weeks I’ve been up 30-50 pips only to come back in the afternoon to see the rest got taken out at BE.
It’s interesting to see how others manage their scalping as it’s an area of trading I’ve never really explored.
AFX Capital
Right on)))))
Ok, here goes… Scalping time.
I’m not on the ball this morning, bit of fuzzy logic in the grey matter :20:
Fiber short sell limit @ 1.34498 tripped
Asian range OTE
Bearish Divergence across the Asian range
Cable now also in OTE short
Poor placement when I think about it since price is still inside the AR. I should have waited for it to take out the Asian high.
Also 1.34500 is pretty much the equilibrium point for this weeks price action, not so great.
Tempted by this myself, but as you mentioned, price currently resting on the equilibrium point, so I’m very hesitant to short.
I’ll sit on my hands for now…
I’m thinking of closing out but USDX is on S2 pivot on the H1 chart, Gold is at resistance… I think I’ll hang on to her for a bit till USDX finds S1 as resistance.
can you stop taking my setups 
short at 1.3453. usdx at support, stoch div, asian high ote, cable also at ote and ksr. ah and smt div ofcourse
im waiting for NYO, no idea where fiber is going.
Yes, its moving in the right direction. I’d be looking for it to break that 1.3430 as confirmation.
Nice one 
I will still hold onto my long :54:
Now now Lads, no need to fight, there’s plenty of pips for everyone here! sparky897 is shouting us this morning
Yeah, this hand sitting is not easy, but has to be done.
I was looking for the bounce 3400 -3420, but the longer price hangs about the more I become dubious.
Just read various articles on how all EU woes are now over - grexit now a very remote possibility etc etc - remember what ICT says about the blah blah.
The usdx is very close to solid support (hrly), the eurx is in ote land daily - the most visible large swing, the makings of a 3 bar swing forming there also to the down side, - was some expectation of eur/gbp rise this morning - did’nt happen (yet).
The stops were not properly cleaned at 3500, plus there is always 3550 - so I have a bearish feel to fibre, but nothing to trade.
The bond market is giving nothing away - just hints accross all us & german of a possible shift to the downside in yields - but no MS break there yet.
These smart money guys get their name for a reason!
wtf! you have my EXACT entry AND stop to the pip!! my 1. tp is 3433 though
Hi guys, I have been hunting Longs on fiber all day because I thought USDX is in a bearish market structure… could you comment a little about why you are going short?
Thanks
Hummmm I’ve just realized my argument for the Fibers bearish divergence over the Asian range is not really valid because over the same period the Fiber made lower lows while the Cable didn’t, meaning accumulation in the Cable… (bullish Cable)
Maybe I should consider the USDX in on the mix? :33:
Closed my position out @ 1.34403. got a few pips out of it.
Lost confidence as the divergence isn’t making sense, the ole grey matter isn’t working so well this morning.
Noted Bull OTE on Fiber, I’m gonna wait for a clearer setup (& head)
stopped out at BE