GBPUSD PROFIT

GBPUSD PROFIT
19th December 2016 contacttf
A sell trailing stop order sets the stop price at a fixed amount below the market price with an attached "trailing" amount. As the market price rises, the stop price rises by the trail amount, but if the stock price falls, the stop loss price doesn't change, and a market order is submitted when the stop price is hit.

I was unable to place any trades last week. Too busy working on other projects.

It is nice to be back on the positive side, and actively trading teh markets again.

The trade was well executed, and trade was closed just before price hit my trailing stop.

A trailing stop is a special type of trade order where the stop-loss price is not set at a single, absolute dollar amount, but instead is set at a certain percentage or a certain dollar amount below the market price.

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