Simple's Green Room

[pennies2007]

That's why recognizing the zones and the odds enhancements are so critical, Jav.

Once you get good at recognizing the zones, the problem isn't getting stopped out. The problem becomes missing your trade fill entry by a pip or two because you're competing with the institutions on their levels. I've had several trades get missed by just a very few pips and then had the market take the trade right down to my TP level afterwards.

I don't set hard stop losses. Instead, I just watch and handle the stops manually.

Normally, if a high-odds zone gets busted, price will almost always come back to retest it again, allowing for exits at break-even or just a loss of a few pips at most.