EURUSD BREAKEVEN

EURUSD BREAKEVEN
15th February 2017 contacttf
Trailing Stop Limit Orders. ... A SELL trailing stop limit moves with the market price, and continually recalculates the stop trigger price at a fixed amount below the market price, based on the user-defined "trailing" amount. The limit order price is also continually recalculated based on the limit offset.

I have been watching and following the pair for over 1 hour.

I entered at near bottom. The trade flew quickly up, and retraced back. I moved my stop up to breakeven. The minute it took out my stop, the market popped up and now trading 30 pip higher. I need to review my system again. I may just take more losses in exchange for bigger winners.

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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