According to forecasts, EURJPY is possible
Rise by 30 pips
And if the volatility is 30 pips, then the stop loss should be put down to 40 pips? So that the stop loss is not triggered due to market noise?
- Pending orders and STOP LEVEL
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Migdal DRAGAN:
According to forecasts, EURJPY is possible
Rise by 30 pips
And if the volatility is 30 pips, then the stop loss should be put down to 40 pips? So that the stop loss is not triggered due to market noise?
Hi, Normally this is solved via ATR.
Usually avoid open positions during high impact news and if you do so, use far stop losses.
Anyway sudden moves after unexpected news releases, cannot be solved with anything.
Only you should be clever and avoid trading in instruments when they are headline driven.

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