An illustration of how to use buy stop Long

FX:GBPJPY1D

British Pound/Japanese YenFXCM

Description

⋅ Oct 6, 2015 8:45 AM

Here is an exmplae of how to use buy stop order to help to catch good trade
please see chart

Comment

⋅ Oct 9, 2015 4:03 AM

BUY STOP TRIGGERED. IN MONEY ALREADY

Comment

⋅ Oct 20, 2015 7:13 AM

BREAK MAJOR RESISTANCE
CONTINUE TO HOLD MY LONG POSITION
250pips

Comment

⋅ Oct 23, 2015 3:43 AM

REACH 186. CLOSE HALF POSITION

Comments

ong.w.sukmaha

⋅ Oct 20, 2015 12:24 PM

Do you buy when it rich to that level or do you need to confirm by the candle close above buy level ? and can you explain more about the stop loss is that not below the previous low?
thank you.

P.S. do you get stop by the big red candle?

Le_Chiffre_

⋅ Oct 20, 2015 7:17 AM

that was a good one ;o)

tntsunrise

⋅ Oct 20, 2015 8:06 AM

Thank you bro!

marcus123

⋅ Oct 6, 2015 12:19 PM

looks like a good trade Tntsunrise. in on stop order as well. thanks.