Forex Trading #48: Minimizing Losses, Forex Strategy
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I like this idea, one thing I'm trying now is using a manual trailing stop loss on the one minute chart.
As soon as the candle rolls over (upwards hopefully), the stop is moved up to the 2nd previous candle's open (2 candles back from the active one)
ie. this morning with the EUR/USD
8:25 Pacific, I bought in @ 1.4817 and sold when the 8:34 candles' close matched the 8:36 open 1.4832
Frankenpalin 2 years ago