Quote:
|
Originally Posted by Phillip
Adjust stop losses
long GBP/JPY 247.00 TARGET 250.00 STOP LOSS 248.00
long EUR/JPY 166.69 TARGET 170.00 STOP LOSS 168.00......stop loss hit Prfts booked @ 168.00
Thanx Iris....I have moved stop losses for protection incase the market reverses....
Phillip
|
*************
Thankx for the good post n Congrats for booking profits. Shall thank you to clarify this - Should Stop Loss not be for protection against Loss placed below the Long entry point i.e. below 166.69 ? Learning from these posts. Thanks.