March 25th Forex Breakouts
Posted on March 25th, 2008 by Jafar
USD/JPY - 20 pip trail
Buy @100.57 SL100.30 TP100.84
Sell @100.09 SL100.30 TP99.75
EUR/JPY - 25 pip trail
Buy @156.23 SL155.83 TP156.63
Sell @155.58 SL156.00 TP155.18
GBP/JPY -45 pip trail
Buy @200.92 SL200.40 TP202.00
Sell @198.90 SL200.40 TP198.20
Welcome back. I hope you all had a nice break. Now back to work 
Hi Jafar,
little trouble…
how big must be the market movement
to move the SL ?
25 pip trail mean that you move the SL
in steps of 25 ?
Thank you !
CP
If you have a trailing stop of 25, the market must hit at least +25 to trigger it. If the market goes to +26, the trail will move your stop to +1 and so on. If the market then reverses, you still get one pip profit. Better than nothing