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Forex Trading Stop Loss
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Pending: 14
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A forex trading stop loss is set using the ATR (Average True Range) indicator, specifically 1 ATR below the lowest low of a double bottom pattern.
"ATR indicator is right up here at the top of your screen right here is the ATR indicator I use a 180..."
Oct 9, 2019
Pending
One approach to stop-loss placement is to set it above a significant swing level in the price chart.
"you can put a stop loss above a swing level"
Aug 18, 2017
Pending
A specific strategy for stop-loss placement involves setting it a fixed number of pips (e.g., 10 or 25) above the entry point.
"you can choose to just put your stop loss 10 pips above that entry 25th above that entry"
Aug 18, 2017
Pending
The Average True Range (ATR) indicator is presented as a method for calculating stop-loss placement.
"you can use a variety of different methods like ATR and stuff like that"
Aug 18, 2017
Pending
A common stop-loss placement technique is to set it above the entry price.
"you can place your stop-loss above your entry"
Aug 18, 2017
Pending
Another method for setting a stop-loss is to place it above the high of the candle that signaled the entry into the market.
"the second main way is going to be above the entry candle"
Aug 18, 2017
Pending
A third primary location for placing a stop-loss is above the previous swing high on the price chart.
"the third main way final place that you can put a stop loss above is going to be your previous swing..."
Aug 18, 2017
Pending
A basic method for setting stop-losses in forex trading involves pre-determining a fixed number of pips.
"there's the most simple version of a stop loss which is going to be a certain amount of pips"
Aug 18, 2017
Pending
The Average True Range (ATR) indicator is presented as the second main method for setting stop-loss distances.
"the second way we can do this is by using the ATR indicator"
Aug 18, 2017
Pending
The ATR indicator can be applied to calculate stop-loss distances relative to the entry point, the entry candle's high, or the previous swing high.
"you can use the ATR above any of those three"
Aug 18, 2017
Pending
When using a fixed pip stop-loss, traders can experiment with increasing the pip value (e.g., from 10-20 to 30) to see if it improves performance.
"you can increase the amount of your stop-loss if you're just using a numbers like instead of ten to ..."
Aug 18, 2017
Pending
Conversely, traders can reduce the fixed pip stop-loss (e.g., from 10 to 5) to evaluate its impact on risk-reward ratios.
"you can also decrease it instead of ten use five"
Aug 18, 2017
Pending
A strategy for using the ATR indicator for stop-loss placement involves multiplying the ATR value by a factor, such as two.
"you can multiply that HDR indicator by two and use that as a stop-loss"
Aug 18, 2017
Pending
A fixed pip amount is one of three primary methods for determining the distance of a stop-loss from a reference point.
"you can use one of three main ways the first way is going to be a certain amount of tips"
Aug 18, 2017
Pending