how to adjust the stop loss setting depending on the volatility

[Migdal DRAGAN]

According to forecasts, EURJPY is possible

Rise by 30 pips

And if the volatility is 30 pips, then the stop loss should be put down to 40 pips? So that the stop loss is not triggered due to market noise?

[Yashar Seyyedin]

Migdal DRAGAN:

According to forecasts, EURJPY is possible

Rise by 30 pips

And if the volatility is 30 pips, then the stop loss should be put down to 40 pips? So that the stop loss is not triggered due to market noise?

Hi, Normally this is solved via ATR.

Usually avoid open positions during high impact news and if you do so, use far stop losses.

Anyway sudden moves after unexpected news releases, cannot be solved with anything.

Only you should be clever and avoid trading in instruments when they are headline driven.