On the section about the trailing stop, “If the price goes down and hits 90.60, your trailing stop would move down to 90.80 (or break even).” is the trailing stop meant to move down to 90.40 instead of 9.80 and your stop loss will be 90.80 (or break even).
"Let’s say that you’ve decided to short USD/JPY at 90.80, with a trailing stop of 20 pips.
This means that originally, your stop loss is at 91.00. If the price goes down and hits 90.60, your trailing stop would move down to 90.80 (or breakeven).
Just remember though, that your stop will STAY at this new price level. It will not widen if market goes higher against you.
Going back to the example, with a trailing stop of 20 pips, if USD/JPY hits 90.40, then your stop would move to 90.60 (or lock in 20 pips profit)."
