Cat Fx 50 exit systems - page 3
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Today the FOMC notes came out and I decided to jump in if it passed the days highs/lows ---
Exit method: 20 pip trailing stop/loss
exit point with this was 1.2631 on the EUR/USD
max was : 1.2667
if I used the 15 minute w/ 50 EMA on Open & 10 SMA on Open cross, the position would still be open at 1.2659.....
seems the trailing stop failed this time, but I went with it because it was a very choppy market and I didn't want to be exposed too much if it reversed suddenly...
thoughts?