This is a trend trade and would be looking to build up a position and hold it until there is signal to exit. Everyone has to accept the risk on the trade and has to decide at what level best matches their risk management. If you use someone else's stop loss you may be taking on more risk than you can handle. Instead of asking where someone placed their stop, the question that needs to be asked is how much can I risk on this trade and where is the least likely place the market will trade at.
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hi, what is your profit target and stoploss?
Posted by
Anonymous |
December 14, 2007 4:37 AM
This is a trend trade and would be looking to build up a position and hold it until there is signal to exit. Everyone has to accept the risk on the trade and has to decide at what level best matches their risk management. If you use someone else's stop loss you may be taking on more risk than you can handle. Instead of asking where someone placed their stop, the question that needs to be asked is how much can I risk on this trade and where is the least likely place the market will trade at.
Posted by
Forex Warrior |
December 15, 2007 12:40 PM
FX Warrior,
How do you see a chance that EUR/USD may go down to as low as 1.4200-1.4250?
Thanks
Posted by
MidnightRun |
December 17, 2007 8:48 AM