S/L for EUR/USD and GBP ?
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Thread: S/L for EUR/USD and GBP ?

  1. 03-03-2006 09:43 #1
    oxjoeco
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    Hi,

    I'm trying out a medium-term sytem where I hold a position from 1 day to several days. I would like to have the ability to correct my T/P but I would like to be strict with my S/L. I'm mindful of trailing stops . What I am trying to work out is the number of pips should I input in order to provide me a chance to play with my sytem without getting kicked out? Generally speaking of course. Just looking for a few experienced trader who will instruct me in this matter.

    Thanks You
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  2. 08-16-2023 22:36 #2
    oxjoeco
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    Thanks Pips,


    I shall share more when I do my testing on my demo.
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  3. 08-16-2023 23:57 #3
    GUSELES
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    I believe that the stop loss would be based on where you input with reference to the resistance/support points, maybe swing low/high. It could be something to the tune of 25-100 pips for EURUSD and 35-125 pips for GBPUSD.

    Could discuss more specifically when more info is available.

    Have fine 100 pips .

    PM
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