I don't use stops anymore. Never use to, but when I switched to forex it was 24/7 5 day's a week and I couldn't stay awake that long. Afeter waking up with huge profits which could have been huge losses I started using stops. I'm all for a loss prevention program, but when it comes to forex I would not reccommend stops. Forex will just bounce around until it has taken out everybody's stops and then it will move. You can make very good money trading forex starting small and adding to winners and losers. Something is always trending.
has anybody looked at an ES chart lately? I don't know how anybody makes money over there anymore. I don't know how long it will last, but these truly are the glory days for fx. Somethings always trending.
OT, i luv this pair...... added it to my inventory . have been a euro trash and cable car trader 4 ever. thx s the spooze is fat and bloated and loaded down with retail shoppers. has been for 10 years. needs a weight loss program before it has a heart attack.