@jagzo, Yes, it is very probable, that is why I would leave 50% with BE stop-loss...
miket56
⋅
@WilliamFiltzpatrick, good to hear from you again William. Looks like a nice set up:)
WilliamFiltzpatrick
⋅
@miket56, Been away for a while now, but hopefully I will be back to trading now... Thank you Sir for your kind words, it is appreciated... :)
miket56
⋅
@WilliamFiltzpatrick, Can't win em all. The AUD isn't in a good place at the moment. It seems to have a run up every now and then, but then falls over. Keep up the good work. I like your charts on Oil and DJ too. Big opportunities in the air if we can capitalize on them.
WilliamFiltzpatrick
⋅
@miket56, Yeah, that is why I always move the SL to BE after few pips in profit... Sometimes it plays out nicely, sometimes the SL is hit too soon, but... :) ...and yeah, the whole market is about to be upside down soon, we have to find our spot and take some profit. Cheers, thanks. :)
miket56
⋅
@WilliamFiltzpatrick, that's interesting that you say you move to BE soon after you're in profit. So many times, it will move in the right direction only to reverse for a loss. It's annoying to get it right but still lose in the long run. Being in Australia, the biggest moves are often while I'm asleep. Thanks for your input.