Help me determine stops and targets

[JayBoston]

I'm having trouble figuring out how far away my stops & targets should be. How far away should my stops be for each pair on the daily, hourly, 2hr, and 4hr charts? How far away should my stops be for each pair based on their volatility figures?

I trade:
EUR / USD
GBP / USD
USD / CHF
USD / CAD
AUD / USD
USD / JPY
EUR / CHF
EUR / JPY
GBP / JPY
EUR / GBP
NZD / USD

I recently discovered this site (with avg daily and hourly volatility), but how can I use this info?

http://www.mataf.net/en/analysis-volatility.htm

I like to check my charts 2-3 times per day. What rule of thumb can I use for targets?

Thanks. I love this forum!

[yardie]

JayBoston,

If you have a system, your system should tell you whenn to enter and exit a trade. If you dont have a system, look around on the different forums for one.

[Mafioso]

Jay..U should get some education so that u can determine targets and stoploss points byurself and have some confidence in trading. If i may recommend u anything is to get the online course that FXSURFER is teaching online. I'm currently one of his students and i tell u that my trading has improved like hell since i strated this course and i didn't even finish yet. The course is quite advanced and it is worth every penny i have paid. U can contact the Guy at FXSURFER@gmail.com
Best of luck