Discussion in 'Forex' started by rezo_s, Oct 26, 2003.
Rezo are you trading intra-day?
What time scale - ie. 10 minute bars for example?
No Toby, I am not trading intraday. I am holding this position open since Oct.20 (Monday a week ago I opened short@6951). I just moved stop yesterday for the first time lower than breakeven - to yesterday high, and it just locks 16 pips of profit.
You still have your trailing stop at 0.6935 on the EUR/GBP
after the move to 0.6855 ?!
I am in no hurry. Little later today I will move the stop to 6990.
stop moved to 6890 to lock 61 pips
You always wait till the market hits your last trailing stop to
take profits or you take profits sometimes earlier ?
No, actually I always put tp order, and mostly close at target levels if not taken out with trailing stop first.
eurgbp stopped, result +4.23%,
MTD: - 6.19%
buy USDCHF @1.3239
stop @ 1.3115
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