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Hi Dirk. Personally I don't put much weight in the idea that there are stop hunters out there. However, if you're concerned about it (and I know that a lot of people are and do believe that this happens) - perhaps a slightly larger than normal stoploss would help add some protection. Because...

I think your question got derailed by the 'no stoploss' debate. Anyway, you mean like a weekly target right? I feel that if your trading is going well and you are disciplined and making wise choices, you should take advantage of opportunities as they come along. There are going to be weeks...

It doesn't get any easier, you just get stronger.

I see that you didn't get an answer in time, but I think TFG would have said to stick to your plan (set, forget, and collect) - and you were right both times, so congrats! I hope that you held on to them :)

So, it looks like this trade worked out well for you? I'm assuming you went short as planned :)

I know this post is somewhat old, but I just wanted to add that I think that much of the value of focusing on one pair and getting to know a currency pair intimately, is that you are more focused. Less risk of over trading imo, less confused about trying to monitor all the charts and catch all...

nice trade :)

yeah i figured it would have to be some glitch

:D

Hi everyone, My name is Vickie. I live in Omaha, NE (US). I started trading in 2010, and I was fortunate to discover PA right away through an internet search on "how to trade Forex". I learned some basic concepts about PA, but never the wealth of information that I have found here. I had...