RE: Trader Question: What's your approach to reduce a stop loss during a trade?

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Trader Question: What's your approach to reduce a stop loss during a trade?

in forex •  7 years ago 

Good advice. I usually try to get in on a second or fourth wave retracement in an Elliott 5 wave impulse move. Look for an entry down at a previous demand (support) level. Don't go in on a surge, half way through with everyone else.

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7 years ago by

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