Entry point technique

 

I will appreciate help from somebody regarding entry point in to the trade as always i get many loosing trades when i trade eur/dollar

pair, though i am in correct trend and enter around the entry point . I use 10 pip s/l . How other people use different methods any help.

 

Even for a short-term trade on EURUSD, a 10 pip SL is tight.

One of my EA's that is making a profit uses these values on MIG data:

SL=64

TS=32

TP=98

An SL of 20 is the most conservative that will still make money

All IMHO of course ;)

Be careful in the Forex

-BB-