Forex Trading #48: Minimizing Losses, Forex Strategy

http://www.ForexCoachingPros.com

http://www.ForextidalWave.com

Stephen shares an absolute gem of a tip on this one as he gives advice about minimizing losses when trading forex. He uses examples from students. http://www.ForexHomeStudy.com

Duration : 0:4:0


[youtube sbmbBMW0T6I]

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Comments (1)

  1. Frankenpalin says:

    I like this idea, …
    I like this idea, one thing I’m trying now is using a manual trailing stop loss on the one minute chart.

    As soon as the candle rolls over (upwards hopefully), the stop is moved up to the 2nd previous candle’s open (2 candles back from the active one)

    ie. this morning with the EUR/USD

    8:25 Pacific, I bought in @ 1.4817 and sold when the 8:34 candles’ close matched the 8:36 open 1.4832

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