Thread: Follow The Bouncing Pip
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Old 08-29-2007, 10:33 PM
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Cool yes
Quote:
Originally Posted by 8toenails View Post
Thanks for the QUICK response! When you say that you place it just on the other side of the arrow, do you mean:

For a long scenario:
1. you place it even with the bottom of the arrow?
~or~
2. you place it a certain amount of pips below the bottom of the arrow?

or neither? If #2, then what would that value typically be?

Thanks again!
8
YES, thats what I mean.

I only placed 2 trades this week and I still cut myself short on each one. If I just wouldn't of put my stops to close I could of easily had +1000 pips. Placing stops is a fine art that each one has to master.