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Re: perse post# 13

Monday, 09/06/2010 10:24:11 AM

Monday, September 06, 2010 10:24:11 AM

Post# of 67
Trade #2 - Trade ended by stopping itself out... but not before the dynamic trail allowed a lock in of 55.5 pips. Obviously this pair didn't run here. However, I like the idea of setting a trail on the SL to capture gains in the event a pair does run. For the future I'm thinking the trail should be customized to the pair based on the volatility. It's nice to be fairly tight but not so tight that you'll get stopped out on whipsawing. I'm not saying that happened here. Just something to consider for the future. One possibility is to incorporate the pair's ATR reading. I'll have to think about this a bit.

Anyway's here a snapshot of this pair's chart...

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