Quote:
Originally Posted by swissforex
Hi guys
about one of my four trades(see my yesterday post)..
on NZDUSD stop loss hitten 
maybe I've set up too thight my s\l
I guess it's my fault,but I'd like to know your opinion
my S\L was 0.7501,so it was my mistake!
BUT this is my question:
S\L LEVEL should have been set to the opening price of the first bearish candle or above the little shadow of that candle??
thanx
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According to the rules I believe the SL should be above the previous high, or about .7640 area.
Cheers,
MIke.