Yeah? Widen those stops to 1000 pips then huh? Aside from his response, great thread btw Keep it up. I typically use stops no more than 10 either. No reason for more. Are you on a 1 min chart?
Thank you, Athlon. I use multiple timeframes, intraday starting from 1h and down to 15/5/3 and 1 minute (occasionally in a very fast market even sub. 1 minute). And I agree no reason to risk losing much, a few ticks is most of the time enough to see if you are right or wrong in your intraday market read.
Been a little busy and didn't trade that actively last 3 hours, but seems like missed mostly some chop.
Not so much chop but sideways consolidation, building tension between S & L, could mean a breakout The Ever Watchful VIPER
I'm looking for a run to 1.2950 ....thought we had it BUT Noooooooooooooooooooo ECB President Trichet Speaks @ 7 est EUR/USD
I have a short signal @ 1.2912 - 17 with a target at 1.2889 - 86 This close to the speech I have to "let it go" (I'll SIM it with a 20 pt stop)