The stop loss is pretty simple on the Daily.
There is 2 options that you can use.
1st. Option
Simple stop loss when the indicators
break levels the other direction than
you have enter and that means your
new entry signal is set.
In this option your stop loss should
not be larger than 200-250 pips.
2nd. Option
Set stop loss to 150-200 pips.
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4 comments:
It appears to be a very profitable and effective system. I'm currently demoing your trade strategy and eagerly awaiting for your results from the 4hr timeframe. Thank you so much for sharing this system with us Certicex!
Hi Mike
It is my pleasure and i hope in couple of next days i will be able to post the 4H system which takes little more time but i wont to have it with minimum losing trades and more entry opportunities.So be patient please and there is more to come.Thanks for your comment and have a good one.
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