Short EUR/JPY

Quote from spersky:

I caught a falling knife and lost 100 pips today on the EUR/JPY. At least I had the sense to place a stop. I am very pissed about that trade. I was expecting the support to hold it.
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Sorry for you. You may want to trade the currencies when they move faster only when you can watch them.
 
Need to have a percentage let say 20% of your profit trailing stop, so you only risk 20% of your proift at all times.

Some program have this built into the program to minimize losses.

Right now, we are building Auto trade function to make it much easier to manage run away losses.

It got me out today on the SP with just a 1/4 point loss, that is what i call money management. Have a good day!
 
Hello colleagues.
I was on mission for two days.
Still have adds EUR/JPY will hedge at 157.90 eventually.
I hope 50% fib will stop EUR/JPY for now.
Still collecting few pipses.

Have a nice weekend to everyone.
 
This is the only thing on the board worth looking at tonight. Every thing else is neutral.

I have red light almost on every time frame.
 
I shorted this pair at 19502, the problem is the gap is not filled that can be a problem. 31 pip stop ......time is 6:11am

Testing new platform FXDD
Heat map for all time frames on one page!
Saves a lot of space!
 
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