Nice move today in GBPJPY though, seemed bullish for the most part which was frustrating but eventually gave way. But I think this decline will be short lived. Expecting some kind of Yen weakness sooner or later, something to be careful about.
My rules make me pick that level, always, part of the strategy. No problem, if I know price will move fast, I leave a sell stop under the recent low and use the same stop as I would for the retracement fill.
Works very well if I'm sure about getting involved in a trend.