JesusDiaz
Short

EURO POUND clean chart

FX:EURGBP   Euro / British Pound
85 2 0
**YTBD** Cypher and Butterfly lining up for a short on EURGBP            
I, personally, first look for a target to take my profit. Once I know where I want to take profits I set my stop according to the RiskReward that works for me. Tight stops only work when I have a great deal of confirmation and the trade meets very specific criteria
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hey do you follow any set of rules for determining where to place your stops? I'm finding in forex, market has alot more noise and tight stops don't work as well.
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